Thermax Limited Share Price Today

Techno Funda Ratings

RS Rating
90
Excellent
EPS Rating
45
Moderate
A/D Rating
B
Strong

Key Metrics

Current Price

₹4581

Market Cap

₹ 55,551 Cr.

Stock P/E

100

ROE

10.6 %

RSI

43.75

Trend

Bearish

Share Price Chart

Technical Commentary

Thermax Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of B, a Relative Strength Rating of 90 and an EPS Rating of 45. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Thermax Ltd continues to trade in a weak macro layout below its 50 DMA (4699.58). While a trailing Stock P/E of 100 might look cheap on the surface, a low baseline efficiency score (ROE: 10.6%) and a poor TI65 trend signature (Neutral) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 43.75 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

Company Overview

Thermax Limited offers solutions to energy, environment and chemical sectors. The Company’s portfolio includes boilers and heaters, absorption chillers/ heat pumps, power plants, solar equipment, air pollution control equipment/system, water and waste recycle plant, ion exchange resins and performance chemicals and related services. [1]

Thermax Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Thermax Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Thermax Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price4581
RSI (14)43.75
50 DMA4699.58
200 DMA3565.33
TrendBearish
A/D RatingB
RS Rating90
EPS Rating45
TI651.01
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Thermax Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹4850
R2₹4753
R1₹4667
PP₹4570
S1₹4484
S2₹4387
S3₹4301

Financial Ratios

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MetricValue
Market Cap₹ 55,551 Cr.
Current Price₹ 4,662
High / Low₹ 5,278 / 2,743
Stock P/E100
Book Value₹ 466
Dividend Yield0.30 %
ROCE13.9 %
ROE10.6 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20232,3111569%
Jun 20231,933607%
Sep 20232,3021599%
Dec 20232,3242378%
Mar 20242,76418810%
Jun 20242,1841096%
Sep 20242,61619811%
Dec 20242,5291147%
Mar 20253,04620610%
Jun 20252,15815110%
Sep 20252,4741197%
Dec 20252,63520510%
Mar 20263,42824411%

Shareholding Pattern

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HolderHolding
Promoters 61.98%
FIIs 16.11%
DIIs 9.63%
Public 6.79%
Others 5.49%
No. of Shareholders28,144

Pros and Cons

Pros

  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

  • Valuation metrics appear elevated with a trailing P/E of 100, demanding high performance requirements.
  • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

Related NSE Stocks

Frequently Asked Questions

What is the current technical trend and RSI for Thermax Ltd share?

Based on the latest closing data, the technical momentum for Thermax Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 43.75, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (4699.58) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Thermax Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Thermax Ltd today centers at a Pivot Point (PP) of ₹4570. Upside resistance challenges are calculated at R1: ₹4667, R2: ₹4753, and R3: ₹4850. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹4484, S2: ₹4387, and S3: ₹4301.

How does the fundamental ROE and P/E ratio look for Thermax Ltd?

Thermax Ltd is currently trading with a valuation metrics context of a Stock P/E of 100, against a core structural efficiency Return on Equity (ROE) standing at 10.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 45, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Thermax Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Thermax Ltd continue... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of B, a Relative Strength (RS) ranking of 90, and long-term trend backing from the TI65 indicator (Neutral pattern).

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