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Thermax Ltd.
Share Price Target & Analysis

NSE:THERMAX

5096.67

VWAP

4724.00

Open

4695.55

Close

5382.40

High

4723.95

Low

5382.40

52 Week High

5087.80 ⇧
392.25 (8.35%)

THERMAX

(CONSTRUCTION)
90.8% Momentum

Trending & Favourite

2191.85

52 Week Low

36.71

EPS

59.33

PE

17.14

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: THERMAX Share Price Financial Analysis & Valuation

Thermax Ltd. (THERMAX) is broadly categorized in CONSTRUCTION segment industry which deals in Infrastructure - General vertical. It is one of Mid Cap company with Market Capitalization of Rs 22072.5 (in Cr). Total number of free float shares are 0 (in Lacs). Thermax Ltd. is listed on NSE with Exchange ID - INE152A01029 and trading code is NSE:THERMAX with short name Thermax.

In the past 1 year, Thermax Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of THERMAX at Rs 5087.80, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:THERMAX, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine THERMAX underlying value and future prospects. All of this data is available in THERMAX financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:THERMAX, it is clearly understood that THERMAX is Economical performer in terms of earnings and profit margins with an EPS of 36.71. NSE:THERMAX book value per share as of today is 296.81. The current price to book ratio for THERMAX as of May 15, 2024 is 17.14.

Valuation of the Stock: The current valuation of THERMAX stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of THERMAX whether to BUY this stock at current valuation. The delivery percentage of THERMAX is 47.23% is very crucial parameter which shows that 47.23% investors are anticipating that the price of THERMAX share should go up with VWAP at 5096.67.

Now, the main question is whether to BUY or SELL, NSE:THERMAX at current valuation.
As per latest Analysis No. #718:-

⇑ STRONG BUY THERMAX if All Greens

⇗ BUY THERMAX (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD THERMAX (With Stop Loss) if only 1 Green

⇘ SELL THERMAX if NO Green Indicator

NSE: THERMAX Share Price Today (May 15, 2024)

(Thermax Ltd. Daily Analysis on the basis of THERMAX Intraday Graph & Trend)

Thermax Ltd. share price moved Up by 8.35% from its previous close of Rs 4695.55. THERMAX stock last traded price is 5087.80. THERMAX share price trend is Up with a total of 1078129 stocks traded till now. It has touched an intraday high of Rs 5382.40 and an intraday low of Rs 4723.95. The THERMAX trading at 5087.80, Up by Rs. 392.25, or 8.35 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Up.

NSE: THERMAX Share Price Tomorrow Prediction

(Thermax Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of THERMAX)

Thermax Ltd. share price moved Up by 8.35%. THERMAX share price short term trend is Up. It suggests that THERMAX Share Price for Tomorrow remains the same with VWAP at 5096.67 will be treated as stop loss for intraday traders. Thermax Ltd. Long term investors can follow the THERMAX long term trend as mentiond in future forecast table.

NSE Code

NSE: THERMAX

THERMAX Share Price Today

 5087.80

THERMAX Share Price Target Prediction for 2024 ^

 3647.2 - 5409

THERMAX Share Price Target Prediction for 2025*^

 5409 - 5762.4

THERMAX Share Price Target Prediction for 2026*^

 5762.4 - 6165.8

THERMAX Share Price Target Prediction for 2027*^

 6474

THERMAX Share Price Target Prediction for 2028*^

 6659

THERMAX Share Price Target Prediction for 2030*^

 7258
THERMAX Current Book Value 2023
295.3

*Thermax Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^THERMAX share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

THERMAX Technical Analysis

Candlestick Pattern: @4454.5

THERMAX Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 4420.79 BUY 4445.3 BUY
MA_12 4560.85 SELL 4471.31 SELL
MA_20 4503.71 SELL 4406.69 BUY
MA_32 4184.34 BUY 4237.38 BUY
MA_50 3996.89 BUY 4063.05 BUY
MA_100 3620.09 BUY 3754.07 BUY
MA_200 3139.44 BUY 3276 BUY

THERMAX Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 4503.71 Downtrend
MACD -60.44 SELL
ADX 46.08 Strong Trend
DMI (+/-) 25.28 / 15.93 Uptrend

THERMAX Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 56.43 Neutral
STOCHASTIC_K (Fast) 31.16 Neutral
STOCHASTIC_D (Slow) 14.39 Oversold
CCI -73.15 Neutral
PSAR 4838.68 SELL
TRUE RANGE 184.2 SELL
ATR 189.53 SELL
WILLIAMS R -72.94 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 50.51 Neutral
STOCHASTIC RSI D 22.81 Neutral
MOMENTUM 352.75 BUY

THERMAX Last 1 Year Trend

Duration Value
1 Year 96.49%
3 Months 45.62%
1 Month 8.6%
1 Week -3.22%

THERMAX Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 47%
NEUTRAL / HOLD 23%
SELL 30%

Most popular Questions & Answers about THERMAX


Thermax Ltd. stock last traded price is 5087.80. THERMAX share price moved Up by 8.35% from its previous close of Rs 4695.55.

Thermax Ltd. share price trend is Up with a total of 1078129 stocks traded till now. It has touched an intraday high of Rs 5436.224 and an intraday low of Rs 4723.95. The THERMAX trading at 5087.80, Up by Rs. 392.25, or 8.35 percent which suggests that most of the Traders are anticipating that the price of THERMAX share should go Up and the Stop Loss will be around 5096.67.

The market cap of Thermax Ltd. is ₹22072.5 (in Cr) as of May 14, 2024.

The current price to earning ratio for Thermax Ltd. as of May 14, 2024 is 59.33.

The current price to book ratio for Thermax Ltd. as of May 14, 2024 is 17.14.

The highest price of Thermax Ltd. stock is ₹5382.40 in the last 52-week.

The lowest price of Thermax Ltd. stock is ₹2191.85 in the last 52-week.

Thermax Ltd. share trading at ₹5087.80, Up by Rs. 392.25, or 8.35 percent which suggests that most of the traders are anticipating that the price of THERMAX share should go Up.

In 2023, Stock price target for Thermax Ltd. (THERMAX) are ₹3647.2 on downside and ₹5409 on upside. Thermax Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Thermax Ltd. (THERMAX) are ₹5409 on downside and ₹5762.4 on upside. Thermax Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Thermax Ltd. (THERMAX) are ₹5762.4 on downside and ₹6165.8 on upside. Thermax Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Thermax Ltd. (THERMAX) will be around ₹6659 Thermax Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of THERMAX.

As per the fundamental analysis of Thermax Ltd. (THERMAX), it is of Economical quality in terms of earnings and profit margins with an EPS of 36.71. Thermax Ltd. book value per share as of today is 296.81. The current price to book ratio for THERMAX as of May 15, 2024 is 17.14.


NSE:THERMAX News & Other Useful Information about THERMAX Share Price


Peer Comparison of NSE: THERMAX

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Infrastructure - General

Company Price EPS BV
LT 3415.00 66.18 508.77
ADANIPORTS 1337.60 8.05 135.89
SIEMENS 7119.30 54.39 365.73
ABB 8064.00 68.73 280.52
THERMAX 5087.80 36.71 296.81
BHEL 291.35 0 78.29
NBCC 135.10 1.88 10.64
BEML 3777.90 67.96 634.59
HGINFRA 1362.95 83.7 355.75
JPASSOCIAT 17.05 0 15.04
Updated at: 15 May 2024 15:30

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