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THERMAX

20123456789,601234567890012345678990123456789.6012345678950123456789
+74.65 (+2.94%)
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Previous Close: 2535
1D
5D
1M
3M
1Y
5Y
MAX
Today's low
2559
Today's high
2634
52 week low
1830.65
52 week high
3230
Volume
246563
About
TECHNICAL SUMMARY
DMA(12)
₹2006.6
DMA(50)
₹2043.12
DMA(100)
₹1984.66
DMA(200)
₹1786.02
FUNDEMANTAL SUMMARY
Market Cap
₹31107.03 Cr.
Enterprise Value
₹30785.99 Cr.
No. of Shares
11.92
P/E
69.07
RoE
12.25
Debt/Equity
0.21
Valuations
PE CHART
80859095100105
PB CHART
6.07.08.09.0
Promoter Holdings
Public : 10.16%
FII : 12.36%
DII : 15.5%
Promoter : 61.98%
Others : 0%
Charts
DEBT/EQUITY
0.080.100.120.140.160.180.20
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
ROE VS ROCE
6810121416
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
ROE
ROCE
REVENUE VS PROFITABILITY (1000CR.)
2468
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
Revenue
Profit
MARGINS(%)
46810
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
Net Margin
Gross Margin
Posts by FrontPage Users
NewsBot-display-image
Reputation: 181,377  •  Nov 30 1:56 AM
AI startup for creators Fanory offers guaranteed hourly monetisation rates
AI startup for creators Fanory offers guaranteed hourly monetisation rates
Fanory is an AI-enabled co-pilot, or the “Shopify for creators” which enables them to create a personalised app where they can host fan meetups, live interactions, exclusive consultations for their superfans (or loyal customers).
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Fanory.ai, an AI-enabled co-pilot for creators, is offering a guaranteed hourly monetization rate for content creators and influencers.
• The platform's advanced AI features allow creators to generate incremental revenue in addition to brand endorsements......read more

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Reputation: 181,377  •  Nov 28 10:08 PM
In Charts: What Jefferies, foreign investors say about power and energy stocks
In Charts: What Jefferies, foreign investors say about power and energy stocks
A broad consensus amongst US-based investors is that India’s capex cycle is on upswing, a recent report by Jefferies said
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• According to a recent report by Jefferies, US-based investors have a broad consensus that India's capex cycle is on an upswing.
• The report highlights potential growth in power capex and discusses stocks such as L&T, Power Grid, Siemens, Thermax, KEI, N......read more

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Reputation: 181,377  •  Nov 14 4:01 PM
MFs shunned these 10 mid, smallcap stocks for 3 months in a row; what should investors do?
MFs shunned these 10 mid, smallcap stocks for 3 months in a row; what should investors do?
Mazagon Dock Shipbuilders, Bank of India, Thermax, Uno Minda, and Vedant Fashions are the five midcap stocks which saw mutual funds reducing their exposure for three months in a row, according to the data shared by Nuvama Institutional Equities.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Mutual funds have been steadily reducing their exposure to five midcap and five smallcap stocks for three consecutive months.
• The five midcap stocks are Mazagon Dock Shipbuilders, Bank of India, Thermax, Uno Minda, and Vedant Fashions.
• The five small......read more

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Reputation: 181,377  •  Nov 9 4:28 PM
Hold Thermax; target of Rs 2771: Prabhudas Lilladher
Hold Thermax; target of Rs 2771: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on Thermax with a target price of Rs 2771 in its research report dated October 06, 2023.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Prabhudas Lilladher has recommended a hold rating on Thermax with a target price of Rs 2771.
• Thermax reported a healthy quarterly performance, with revenue growth of 10.9% YoY and an expanding EBITDA margin.
• The company is well positioned to benefit ......read more

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Reputation: 181,377  •  Nov 6 5:28 PM

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Thermax has reported a 10.95% increase in net sales and a 44.49% increase in quarterly net profit in September 2023 compared to the same period in 2022.
• The company's EBITDA has also increased by 49.95% and its EPS has risen from Rs. 9.69 to Rs. 14.00.
• Thermax shares have seen a 26.34% return over the last 6 months and a 32.07% return over the last 12 months......read more

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Reputation: 181,377  •  Nov 6 4:14 PM

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Thermax's net sales for September 2023 increased by 5.13% compared to the same period in 2022.
• The company's net profit for September 2023 decreased by 30.47% compared to the same period in 2022.
• Thermax's EBITDA for September 2023 increased by 45.31......read more

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Wealth Mentors-display-image
Reputation: 7,835  •  Nov 6 2:49 PM

Buy
Thermax
From 3027
TGT 3045 - 3070 - 3150
SL 2978
Cash
Intraday+BTST
Chartbusters - chart - 211846022

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Reputation: 181,377  •  Sep 27 10:31 PM
Breakout Stocks: How HUDCO, Thermax and Indian Bank  are looking on charts for Thursday’s trade
Breakout Stocks: How HUDCO, Thermax and Indian Bank are looking on charts for Thursday’s trade
Stocks that were in focus include names like HUDCO which was up more than 3%, Thermax closed with gains of over 2% to hit a fresh lifetime high and Indian Bank pared gains and closed with gains of nearly 1% on Wednesday. All stocks hit a fresh all-time high.
The Economic Times

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Reputation: 181,377  •  Sep 20 9:01 PM
KSB, Endurance Technologies among 10 stocks with RSI trending up
KSB, Endurance Technologies among 10 stocks with RSI trending up
On September 18, Monday, StockEdge identified 30 stocks trending up, a signal that investors often find valuable. ETMarkets has cherry-picked 10 of these stocks to explore their Relative Strength Index (RSI) trends and shed light on why RSI is a crucial tool for assessing stock movements.
The Economic Times

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Reputation: 181,377  •  Sep 8 7:41 PM
FII favourites! Capital goods beat bank stocks as top beneficiary in 2023
FII favourites! Capital goods beat bank stocks as top beneficiary in 2023
Capital goods have seen an FII inflow of $4.8 billion till August, overtaking the financial services sector at $4.06 billion. FII weightage in capital goods has increased from 4.4% at the start of January to 6.2% at the end of August, according to data from Emkay Global.
The Economic Times

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Reputation: 181,377  •  Sep 4 10:26 PM
Vinit Bolinjkar on where to find fresh opportunity in cement, what to buy in capital goods space
Vinit Bolinjkar on where to find fresh opportunity in cement, what to buy in capital goods space
In the case of BHEL, "if you were to just consider Rs 140 as a long-term resistance level, once it breaks out over there, the momentum will carry this trade into next year. Our targets are around Rs 180-200 and possibly higher as the new addition in the order book starts flowing in."
The Economic Times

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Reputation: 181,377  •  Sep 1 8:48 PM
Buy Thermax; target of Rs 3235: Sharekhan
Buy Thermax; target of Rs 3235: Sharekhan
Sharekhan is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 3235 in its research report dated August 31, 2023.
Moneycontrol

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Reputation: 181,377  •  Aug 23 4:28 PM
Hold Thermax; target of Rs 2613: Prabhudas Lilladher
Hold Thermax; target of Rs 2613: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on Thermax with a target price of Rs 2613 in its research report dated August 23, 2023.
Moneycontrol

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Reputation: 181,377  •  Aug 17 5:43 PM
Q1 Results: More evidence of capex upcycle, says Jefferies
Q1 Results: More evidence of capex upcycle, says Jefferies
Jefferies analysts have raised FY24 earnings estimates for 46 percent of the 149 companies it tracks and downgraded 44 percent of the firms.
Moneycontrol

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Reputation: 181,377  •  Aug 14 7:41 PM
VA Tech Wabag CEO confident of close to double digit EBITDA margins for FY24
VA Tech Wabag CEO confident of close to double digit EBITDA margins for FY24
"As far as the top line is concerned, definitely there will be growth compared to last year. That is quite evident from the order backlog, which we are carrying, which is at a historic high. As far as new orders are concerned, our order intake will be more than what we are going to execute this year. We are now very well poised in a couple of orders to the tune of Rs 1,500 crore. "
The Economic Times

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Reputation: 181,377  •  Aug 9 4:16 PM
Is the comeback in pharma here to stay? Should you buy expensive capital goods stocks?
Is the comeback in pharma here to stay? Should you buy expensive capital goods stocks?
"The next few quarters may certainly be very good for pharma companies. But these are no longer the secular growth stories which we have pursued back in the 2000 or 2010 era, when companies like Sun Pharma, Lupin, Dr. Reddy, Cipla were easily growing at 20% plus," says Dipan Mehta.
The Economic Times

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Reputation: 181,377  •  Aug 7 5:28 PM
Buy Thermax; target of Rs 2825: LKP Research
Buy Thermax; target of Rs 2825: LKP Research
LKP Research is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 2825 in its research report dated August 04, 2023.
Moneycontrol

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Reputation: 181,377  •  Aug 6 4:33 PM
Buy Thermax; target of Rs 2950: Sharekhan
Buy Thermax; target of Rs 2950: Sharekhan
Sharekhan is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 2950 in its research report dated August 02, 2023.
Moneycontrol

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Reputation: 181,377  •  Aug 6 4:08 PM
Hold Thermax; target of Rs 2613: Prabhudas Lilladher
Hold Thermax; target of Rs 2613: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on Thermax with a target price of Rs 2613 in its research report dated August 02, 2023.
Moneycontrol

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Reputation: 181,377  •  Aug 4 4:16 PM
Buy Thermax, target price Rs 2825:  LKP Securities
Buy Thermax, target price Rs 2825: LKP Securities
Promoters held 61.98 per cent stake in the company as of 30-Jun-2023, while FIIs owned 12.35 per cent, DIIs 15.5 per cent.
The Economic Times

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Reputation: 181,377  •  Aug 2 3:08 PM
Thermax shares soar 5% on healthy quarterly earnings
Thermax shares soar 5% on healthy quarterly earnings
The company's order book also remained healthy at Rs 2,567 crore by the end of the June quarter.
Moneycontrol

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Reputation: 181,377  •  Aug 1 12:51 PM
GIFT Nifty up 10 points; here's what changed for market while you were sleeping
GIFT Nifty up 10 points; here's what changed for market while you were sleeping
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
The Economic Times

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Reputation: 181,377  •  Aug 1 12:46 PM
GIFT Nifty down 60 points; here's what changed for market while you were sleeping
GIFT Nifty down 60 points; here's what changed for market while you were sleeping
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
The Economic Times

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Reputation: 181,377  •  Jul 26 11:58 AM
Trade Spotlight | How to trade in HEG, TVS Motor Company, Thermax today
Trade Spotlight | How to trade in HEG, TVS Motor Company, Thermax today
HEG formed bullish candlestick pattern with long upper shadow on the daily charts. The stock has seen a breakout of small downward sloping resistance trendline, which is a positive sign.
Moneycontrol

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Reputation: 181,377  •  Jul 14 8:56 PM
Technical Breakthrough: TCS, HDFC Bank among 8 stocks that have crossed 50-day SMA
Technical Breakthrough: TCS, HDFC Bank among 8 stocks that have crossed 50-day SMA
On Thursday, July 13, 2023, several significant stocks, including Finolex Cables, TCS, KIOCL, Triveni Turbine, Thermax, Aptus Value Housing Finance India, L&T Technology Services, and HDFC Bank, crossed their 50-day Simple Moving Average (SMA) indicating a potential shift in short-term momentum. These companies displayed impressive performance and positive momentum, surpassing their respective 50 SMA, which is considered a positive sign for investors.
The Economic Times

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Reputation: 181,377  •  Jul 14 6:33 PM
Thermax Q1 PAT seen up 49% YoY to Rs. 87.8 cr: Nirmal Bang
Thermax Q1 PAT seen up 49% YoY to Rs. 87.8 cr: Nirmal Bang
Net Sales are expected to increase by 15 percent Y-o-Y (down 17.7 percent Q-o-Q) to Rs. 1,902.7 crore, according to Nirmal Bang.
Moneycontrol

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Reputation: 181,377  •  Jul 13 8:11 PM
Paytm, Balkrishna Industries among 10 stocks with RSI trending up
Paytm, Balkrishna Industries among 10 stocks with RSI trending up
The Relative Strength Index (RSI) is a technical indicator that measures recent price changes in a stock, helping investors analyze stock movements to make informed investment decisions. A reading above 70 indicates overbought conditions, and below 30 suggests oversold conditions.
The Economic Times

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Reputation: 181,377  •  Jul 10 10:21 PM
Zee Entertainment among 4 stocks which have crossed 100-day SMA
Zee Entertainment among 4 stocks which have crossed 100-day SMA
Zee Entertainment Enterprises, Orient Electric, Thermax Limited and Vaibhav Global Limited showed promising growth on July 7, 2023, by crossing their 100-day Simple Moving Average (SMA). Zee Entertainment Enterprises, a media and entertainment company, closed at Rs 206.15, Orient Electric at Rs 252.30, Thermax Limited at Rs 2273.90
The Economic Times

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The Flexibull Trader-display-image
Reputation: 13,185  •  Jul 8 8:28 PM

SWING TRADING 💥
#THERMAX , Looking bullish... showing bullish patterns... ENTRY- 2240-2280, SL- 3% to 5% from your Entry price.. Holding period 2-3 months.
Positional Bets - chart - 96454575

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The Flexibull Trader-display-image
Reputation: 13,185  •  Jul 8 8:25 PM

SWING TRADING 💥
#THERMAX , Looking bullish... showing bullish patterns...
Chartbusters - chart - 96454568

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Reputation: 181,377  •  Jul 3 9:16 PM
Stocks on the rise! Canara Bank, Wipro and others cross 100-day SMA
Stocks on the rise! Canara Bank, Wipro and others cross 100-day SMA
Several stocks, including Indian Bank, Canara Bank, Thermax, Tata Consultancy Services, Wipro, Atul, and Sun TV Network, closed above their 100-day Simple Moving Average (SMA) on June 30, 2023. This indicates potential short-term upward momentum and the emergence of a bullish pattern. These stocks belong to various sectors, including banking, engineering, IT services, chemicals, and media. Please note that this article has been generated by AI and contains data sourced from StockEdge. The opinions expressed in this article do not represent those of the Economic Times.
The Economic Times

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Reputation: 181,377  •  Jul 3 8:01 PM
It’s tough to time a new bull market but book some profits & get more into midcaps: Sanjiv Bhasin
It’s tough to time a new bull market but book some profits & get more into midcaps: Sanjiv Bhasin
“If you are prudent and you have been in the stocks which we have been playing, this is a very good time to book some profit but get more into midcaps because the colour is changing. The market breadth is broadening and who knows midcaps again can be a lot of value plays.”
The Economic Times

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