Thermax Ltd.
Share Price Target & Analysis

NSE:THERMAX

3657.21

VWAP

3776.75

Open

3776.75

Close

3776.75

High

3626

Low

5839.95

52 Week High

3654.10
-122.65 (-3.25%)

THERMAX

(CONSTRUCTION)
24.4% Momentum

Turnaround Potential

2950.05

52 Week Low

35.72

EPS

47.21

PE

12.15

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: THERMAX Share Price Financial Analysis & Valuation

Thermax Ltd. (THERMAX) is broadly categorized in CONSTRUCTION segment industry which deals in Infrastructure - General vertical. It is one of Mid Cap company with Market Capitalization of Rs 22072.5 (in Cr). Total number of free float shares are 0 (in Lacs). Thermax Ltd. is listed on NSE with Exchange ID - INE152A01029 and trading code is NSE:THERMAX with short name Thermax.

In the past 1 year, Thermax Ltd. has declared an equity dividend of Rs 12 per share. At the current share price of THERMAX at Rs 3654.10, this results in a dividend yield of 0.33 %.

As per the Fundamental Analysis of NSE:THERMAX, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine THERMAX underlying value and future prospects. All of this data is available in THERMAX financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:THERMAX, it is clearly understood that THERMAX is Economical performer in terms of earnings and profit margins with an EPS of 35.72. NSE:THERMAX book value per share as of today is 300.84. The current price to book ratio for THERMAX as of Apr 01, 2025 is 12.15.

Valuation of the Stock: The current valuation of THERMAX stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of THERMAX whether to BUY this stock at current valuation. The delivery percentage of THERMAX is 37.41% is very crucial parameter which shows that 37.41% investors are anticipating that the price of THERMAX share should go up with VWAP at 3657.21.

Now, the main question is whether to BUY or SELL, NSE:THERMAX at current valuation.
As per latest Analysis No. #1083:-

STRONG BUY THERMAX if All Greens

BUY THERMAX (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD THERMAX (With Stop Loss) if only 1 Green

SELL THERMAX if NO Green Indicator

NSE: THERMAX Share Price Today (Apr 01, 2025)

(Thermax Ltd. Daily Analysis on the basis of THERMAX Intraday Graph & Trend)

Thermax Ltd. share price moved Down by -3.25% from its previous close of Rs 3776.75. THERMAX stock last traded price is 3654.10. THERMAX share price trend is Down with a total of 119190 stocks traded till now. It has touched an intraday high of Rs 3776.75 and an intraday low of Rs 3626. The THERMAX trading at 3654.10, Down by Rs. -122.65, or -3.25 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Down.

NSE: THERMAX Share Price Tomorrow Prediction

(Thermax Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of THERMAX)

Thermax Ltd. share price moved Down by -3.25%. THERMAX share price short term trend is Down. It suggests that THERMAX Share Price for Tomorrow remains the same with VWAP at 3657.21 will be treated as stop loss for intraday traders. Thermax Ltd. Long term investors can follow the THERMAX long term trend as mentiond in future forecast table.

NSE Code

NSE: THERMAX

THERMAX Share Price Today

3654.10

THERMAX Share Price Target Prediction for 2025 ^

3092.9 - 4669.6

THERMAX Share Price Target Prediction for 2026*^

4669.6 - 6252.3

THERMAX Share Price Target Prediction for 2027*^

6252.3 - 6690

THERMAX Share Price Target Prediction for 2028*^

7025

THERMAX Share Price Target Prediction for 2029*^

7225

THERMAX Share Price Target Prediction for 2030*^

7876
THERMAX Current Book Value 2024
299.3

*Thermax Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.

^THERMAX share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

THERMAX Technical Analysis

Candlestick Pattern: @3285.2

THERMAX Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 3297.34 SELL 3280.42 BUY
MA_12 3239.54 BUY 3309.22 SELL
MA_20 3388.05 SELL 3389.44 SELL
MA_32 3564.14 SELL 3567.6 SELL
MA_50 3804.04 SELL 3749.85 SELL
MA_100 4273.21 SELL 4051.02 SELL
MA_200 4661.41 SELL 4240.25 SELL

THERMAX Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 3388.05 Downtrend
MACD 32.32 BUY
ADX 23.11 NO or Weak Trend
DMI (+/-) 19.13 / 27.65 Downtrend

THERMAX Momentum Oscillators

BUY (2) NEUTRAL (7) SELL (3)
Momentum Oscillators Value Action
RSI 41.1 Neutral
STOCHASTIC_K (Fast) 70.38 Neutral
STOCHASTIC_D (Slow) 76.83 Neutral
CCI 20.64 Neutral
PSAR 2979.1 BUY
TRUE RANGE 116.65 SELL
ATR 181.54 SELL
WILLIAMS R -39.06 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 66.44 Neutral
STOCHASTIC RSI D 86.85 Overbought
MOMENTUM -310.35 SELL

THERMAX Last 1 Year Trend

Duration Value
1 Year -11.73%
3 Months -26.15%
1 Month -8.63%
1 Week 9.09%

THERMAX Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 27%
SELL 57%

Most popular Questions & Answers about THERMAX


Thermax Ltd. stock last traded price is 3654.10. THERMAX share price moved Down by -3.25% from its previous close of Rs 3776.75.

Thermax Ltd. share price trend is Down with a total of 119190 stocks traded till now. It has touched an intraday high of Rs 5898.3495 and an intraday low of Rs 3626. The THERMAX trading at 3654.10, Down by Rs. -122.65, or -3.25 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Down and the Stop Loss will be around 3657.21.

The market cap of Thermax Ltd. is ₹22072.5 (in Cr) as of Mar 31, 2025.

The current price to earning ratio for Thermax Ltd. as of Mar 31, 2025 is 47.21.

The current price to book ratio for Thermax Ltd. as of Mar 31, 2025 is 12.15.

The highest price of Thermax Ltd. stock is ₹5839.95 in the last 52-week.

The lowest price of Thermax Ltd. stock is ₹2950.05 in the last 52-week.

Thermax Ltd. share trading at ₹3654.10, Down by Rs. -122.65, or -3.25 percent which suggests that most of the traders are anticipating that the price of THERMAX share should go Down.

In 2023, Stock price target for Thermax Ltd. (THERMAX) are ₹3092.9 on downside and ₹4669.6 on upside. Thermax Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Thermax Ltd. (THERMAX) are ₹4669.6 on downside and ₹6252.3 on upside. Thermax Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Thermax Ltd. (THERMAX) are ₹6252.3 on downside and ₹6690 on upside. Thermax Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Thermax Ltd. (THERMAX) will be around ₹7225 Thermax Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of THERMAX.

The price of Thermax Ltd. (THERMAX) shares moved by -3.25%. The short-term trend for THERMAX share price is Down. It implies that the share price of THERMAX will stay the same tomorrow and that intraday traders should treat VWAP at 3657.21 as a stop loss. Investors with a long-term outlook can track THERMAX long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of THERMAX stock is 428.3. Compared to the current market price of 3654.10 INR, the THERMAX stock is Overvalued by 88.3%.

As per the fundamental analysis of Thermax Ltd. (THERMAX), it is of Economical quality in terms of earnings and profit margins with an EPS of 35.72. Thermax Ltd. book value per share as of today is 300.84. The current price to book ratio for THERMAX as of Apr 01, 2025 is 12.15.


NSE:THERMAX News & Other Useful Information about THERMAX Share Price


Peer Comparison of NSE: THERMAX

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Infrastructure - General

Company Price EPS BV
LT 3492.30 71.39 468.99
ADANIPORTS 1182.95 11.02 136.11
SIEMENS 5275.35 77.63 428.14
ABB 5546.25 88.32 320.05
THERMAX 3654.10 35.72 300.84
BHEL 216.43 1.42 70.65
NBCC 81.89 1.63 7.92
BEML 3219.55 63.22 613.4
HGINFRA 1056.80 80.51 389.49
JPASSOCIAT 3.12 0 9.51
Updated at: 28 Mar 2025 15:54

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