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

Thermax Ltd.

NSE: THERMAX | BSE: 500411 | ISIN: INE152A01029 | Industry: Heavy Electrical Equipment
| Expensive Performer

3449.6000 0.70 (0.02%)

NSE Apr 23, 2025 15:31 PM

40.93% Fall from 52W High

Volume: 43,003

Thermax Ltd.

14 Nov 2024

3449.60

0.02%

Strong order inflows expected in H2

Hold: Thermax Ltd.

Target

Sharekhan

Operating profit grew 36% y-o-y to Rs. 278 crore. OPM improved by 176 bps. In line with revenue
and operating profit growth adjusted PAT grew 24% y-o-y to Rs. 197 crore against expectation of
Rs. 180 crore.

Thermax Ltd. is trading below its 100 day SMA of 3773.0