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

2964.2000 14.80 (0.50%)

NSE Jan 13, 2026 15:31 PM

30.20% Fall from 52W High

Volume: 64,500

Thermax Ltd.

12 Feb 2024

2964.20

0.50%

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 below its 50 day SMA of 2973.8