Name: Latest research reports of Thermax Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Thermax Ltd.
Rating: 3
Author: BOB Capital Markets Ltd.

Thermax Ltd.

NSE: THERMAX | BSE: 500411 | ISIN: INE152A01029 | Industry: Heavy Electrical Equipment
| Mid-range Performer

3271.7000 64.90 (2.02%)

NSE Nov 04, 2025 15:31 PM

38.90% Fall from 52W High

Volume: 169.7K

High volume today

Thermax Ltd.

12 Feb 2024

3271.70

2.02%

Thermax (HOLD): Improving order outlook; maintain HOLD

Hold: Thermax Ltd.

Target

BOB Capital Markets Ltd.

Q3 operating performance stable with EBITDA margin inching up 20bps YoY despite a Rs 100mn hit from cost overruns

Thermax Ltd. is trading above its 50 day SMA of 3243.0