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

3000.6000 68.90 (2.35%)

NSE Dec 24, 2025 15:49 PM

34.46% Fall from 52W High

Volume: 146.3K

Thermax Ltd.

12 Feb 2024

3000.60

2.35%

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 30 day SMA of 2902.8