Thermax Ltd. - market leader in its segmentStock has been corrected nearly 25 % from its top and is trying to take support at current price . Overall good fundamentals and available at attractive price. Watch it closely
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62.35INR
6.45 BINR
92.70 BINR
36.99 M
About THERMAX LTD
Sector
Industry
CEO
Ashish Bhandari
Website
Headquarters
Pune
Employees (FY)
21.47 K
Founded
1966
ISIN
INE152A01029
FIGI
BBG000C4RWT6
Thermax Ltd. engages in the provision of engineering solutions to the energy and environment sectors. It operates through the following segments: Energy, Environment, and Chemical. The Energy segment comprises Process Heating, Absorption Cooling and Heating, Boiler and Heater and Power businesses and related services. The Environment segment consists of air pollution control and water and waste solutions. The Chemical segment comprises boiler and water chemicals, resins, performance chemicals, construction chemicals and oil field chemicals. The company was founded by A. S. Bhathena in 1966 and is headquartered in Pune, India.
thermaxDisclaimer : Trading stocks, futures, and options involves substantial risk and may not be suitable for all investors.
Always seek professional advice and conduct thorough research before making financial decisions.
Thermax ltdUptrend HH HL
Pullback halted at 50% fibbonaci levels
Rsi hidden bullish divergence
BIg candle with volumes
Avwap sqeeze
Trendline breakout in 1 hourBroken the trendline and retested and formed bullish engulfing at support. It's good for swing traders to buy. It's only my view not a recommendation.
Thermax - long investment ideaThermax results were great in last quarter. Overall trend of thermax chart is upward, stock gave a breakout, made double top and now doing a full retracement to the last breakout levels. CMP to 2450 is a good buying range. Potential to give solid returns in 1-2 years time horizon.
THERMAXProbably it may give breakout from the ratio chart hence keep it watch list for long candidate
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Thermax-Nice BreakoutThermax-Nice Breakout
Capital to be deployed- 20k
Investing Price -2550-60
Breakout Price -2533
Stoploss -2250
Targets -3193-3850
#thermax #StocksInFocus #StocksToBuy #stockstowatch #stocks #StocksInNews #SwingTrading #BREAKOUTSTOCKS
Long term - Thermax Weekly candle BO being done and RSi and MACD showing strength
Delivered good results too
#THERMAX Looking good at 17 marTHERMAX Looking good for tomorrow
Keep eye on tomorrow
looking good for intraday as well as short term calls
See all ideas
An aggregate view of professional's ratings.
Frequently Asked Questions
The current price of THERMAX is 5,345.55 INR — it has increased by 2.65% in the past 24 hours. Watch THERMAX LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange THERMAX LTD stocks are traded under the ticker THERMAX.
THERMAX stock has risen by 14.00% compared to the previous week, the month change is a 22.70% rise, over the last year THERMAX LTD has showed a 83.81% increase.
We've gathered analysts' opinions on THERMAX LTD future price: according to them, THERMAX price has a max estimate of 6,075.00 INR and a min estimate of 2,400.00 INR. Watch THERMAX chart and read a more detailed THERMAX LTD stock forecast: see what analysts think of THERMAX LTD and suggest that you do with its stocks.
THERMAX reached its all-time high on Jul 8, 2024 with the price of 5,839.95 INR, and its all-time low was 7.65 INR and was reached on Sep 21, 2001. View more price dynamics on THERMAX chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
THERMAX stock is 10.90% volatile and has beta coefficient of 0.56. Track THERMAX LTD stock price on the chart and check out the list of the most volatile stocks — is THERMAX LTD there?
Today THERMAX LTD has the market capitalization of 621.82 B, it has increased by 12.32% over the last week.
Yes, you can track THERMAX LTD financials in yearly and quarterly reports right on TradingView.
THERMAX LTD is going to release the next earnings report on Nov 6, 2024. Keep track of upcoming events with our Earnings Calendar.
THERMAX earnings for the last quarter are 9.70 INR per share, whereas the estimation was 11.95 INR resulting in a −18.81% surprise. The estimated earnings for the next quarter are 13.77 INR per share. See more details about THERMAX LTD earnings.
THERMAX LTD revenue for the last quarter amounts to 21.84 B INR, despite the estimated figure of 22.43 B INR. In the next quarter, revenue is expected to reach 25.69 B INR.
THERMAX net income for the last quarter is 1.16 B INR, while the quarter before that showed 1.90 B INR of net income which accounts for −39.15% change. Track more THERMAX LTD financial stats to get the full picture.
Yes, THERMAX dividends are paid annually. The last dividend per share was 12.00 INR. As of today, Dividend Yield (TTM)% is 0.23%. Tracking THERMAX LTD dividends might help you take more informed decisions.
THERMAX LTD dividend yield was 0.29% in 2023, and payout ratio reached 20.94%. The year before the numbers were 0.44% and 25.01% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Sep 20, 2024, the company has 21.47 K employees. See our rating of the largest employees — is THERMAX LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. THERMAX LTD EBITDA is 8.06 B INR, and current EBITDA margin is 8.76%. See more stats in THERMAX LTD financial statements.
Like other stocks, THERMAX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade THERMAX LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So THERMAX LTD technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating THERMAX LTD stock shows the strong buy signal. See more of THERMAX LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.