{"id":279128,"date":"2026-09-30T09:37:03","date_gmt":"2026-09-30T04:07:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=279128"},"modified":"2026-10-16T13:29:07","modified_gmt":"2026-10-16T07:59:07","slug":"why-thermax-ltd-share-price-rise-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/","title":{"rendered":"Thermax (THERMAX) Share Price rises 2.23% as stock trades at Rs 3,343.55"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/thermax\/thermax-ltd-share-price-today\">Thermax Ltd. (THERMAX)<\/a> share price rose to Rs 3,343.55 today, up 2.23% from the previous close. Market cap was Rs 39,406.18 crore.<\/em><\/div>\n<div>\n<p style=\"margin-top:0!important;\">Thermax Share Price is in focus today after the stock moved to Rs 3,343.55, up 2.23% from the previous close of Rs 3,270.50, with market capitalisation at Rs 39,406.18 crore. Univest data confirms the move itself, though no company-specific trigger has been identified. The latest move has placed Thermax Share Price among the notable capital goods names in today\u2019s market update, and the stock is trading within a narrow intraday band around its opening level. For readers tracking Thermax Share Price today, the key takeaway is that the move is clear on price, while the reason remains unverified in the available market facts. This makes Thermax Share Price news relevant for investors who want a factual read-through of the day\u2019s move, the company\u2019s valuation, and the sector backdrop. Univest data also shows that the next layer to watch is whether today\u2019s rise is accompanied by any fresh financial or sector updates.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Thermax_Share_Price_Today_Price_Action_Analysis\" title=\"Thermax Share Price Today: Price Action Analysis\">Thermax Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Thermax_Ltd_THERMAX_Fundamental_Analysis\" title=\"Thermax Ltd. (THERMAX) Fundamental Analysis\">Thermax Ltd. (THERMAX) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Why_Investors_Are_Watching_Thermax\" title=\"Why Investors Are Watching Thermax\">Why Investors Are Watching Thermax<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#About_Thermax_Ltd\" title=\"About Thermax Ltd.\">About Thermax Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Why_is_Thermax_Share_Price_rising_today\" title=\"Why is Thermax Share Price rising today?\">Why is Thermax Share Price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#What_is_Thermax_Share_Price_today\" title=\"What is Thermax Share Price today?\">What is Thermax Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#How_much_did_Thermax_Share_Price_gain_today\" title=\"How much did Thermax Share Price gain today?\">How much did Thermax Share Price gain today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#What_is_Thermax_Market_Cap\" title=\"What is Thermax Market Cap?\">What is Thermax Market Cap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Is_Thermax_Share_Price_expensive_on_earnings\" title=\"Is Thermax Share Price expensive on earnings?\">Is Thermax Share Price expensive on earnings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#What_do_Thermax_ROE_and_ROCE_show\" title=\"What do Thermax ROE and ROCE show?\">What do Thermax ROE and ROCE show?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#What_is_Thermax_book_value_and_EPS\" title=\"What is Thermax book value and EPS?\">What is Thermax book value and EPS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#How_does_Thermax_Share_Price_compare_with_peers\" title=\"How does Thermax Share Price compare with peers?\">How does Thermax Share Price compare with peers?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-thermax-ltd-share-price-rise-today-2026\/#Track_Thermax_Share_Price_on_Univest\" title=\"Track Thermax Share Price on Univest\">Track Thermax Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Thermax_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Thermax Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 3,343.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 3,270.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 73.05 (+2.23%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 3,290.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 3,361.75<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 3,247.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 39,406.18 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Large Cap<\/td>\n<\/tr>\n<\/table>\n<p>Thermax Ltd. (THERMAX) rose to Rs 3,343.55 from the previous close of Rs 3,270.5, a move of Rs 73.05 or 2.23%. The stock opened at Rs 3,290.5, reached a high of Rs 3,361.75, recorded a low of Rs 3,247.55.<\/p>\n<p>Thermax Share Price today is higher by Rs 73.05, and the stock is trading at Rs 3,343.55 after opening at Rs 3,290.50. The day\u2019s range has stretched from Rs 3,247.55 to Rs 3,361.75, showing a move that stayed contained within the available band while holding above the previous close. The rise in Thermax Share Price is visible in the gap between the previous close and the current level, while the market cap remains at Rs 39,406.18 crore. For investors following Thermax Share Price live, the important point is the combination of a positive price move and a higher intraday high than the opening level. Univest data confirms the move, but no company-specific catalyst is established. That makes Thermax Share Price today a price-led event, and the next reference point is the company\u2019s financial and sector context.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Thermax_Ltd_THERMAX_Fundamental_Analysis\"><\/span><strong>Thermax Ltd. (THERMAX) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 39,406.18 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">65.68x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.76%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 49.8<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 467.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.61%<\/td>\n<\/tr>\n<\/table>\n<p>Thermax Ltd. (THERMAX) fundamental metrics show P\/E 65.68x, P\/B 7x, ROE 13.76%, ROCE 15.85%. Read together, these ratios describe the company&#8217;s position rather than a recommendation.<\/p>\n<p>Thermax Ltd. has a market capitalisation of Rs 39,406.18 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 65.68x, P\/B at 7x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 13.76% and ROCE of 15.85%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 49.8, book value per share of Rs 467.02, dividend yield of 0.61%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P\/E of 28.33x, median ROE of 13.59%, median ROCE of 15.96%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Capital Goods<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Engineering &#8211; Industrial Equipments<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">65.68x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">28.33x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">89.8x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.75x to 6,243.09x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.93x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.76%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.59%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.96%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 39,406.18 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 352.19 crore<\/td>\n<\/tr>\n<\/table>\n<p>Thermax Ltd. (THERMAX) operates in the Capital Goods sector, within the Engineering &#8211; Industrial Equipments industry.<\/p>\n<p>Thermax Ltd. (THERMAX) has a P\/E ratio of 65.68x, which is above the benchmark median of 28.33x, a difference of +131.84%. The P\/E comparison frames valuation; it is not a signal to buy or sell.<\/p>\n<p>Thermax Ltd. (THERMAX) has a ROE of 13.76%, which is above the benchmark median of 13.59%, a difference of +1.25%. Thermax Ltd. (THERMAX) has a ROCE of 15.85%, which is below the benchmark median of 15.96%, a difference of -0.69%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bhel\/bharat-heavy-electricals-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Bharat Heavy Electricals Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BHEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,61,393.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">52.58<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.24<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jyoticnc\/jyoti-cnc-automation-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jyoti CNC Automation Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JYOTICNC<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23,081.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">69.21<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.34<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/inoxindia\/inox-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Inox India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INOXINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,797.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">72.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">33.54<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Azad Engineering Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AZAD<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,542.06<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">127.74<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.35<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.04<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/triturbine\/triveni-turbine-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Triveni Turbine Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TRITURBINE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16,570.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">47.81<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.32<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">35.95<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Thermax Ltd. (THERMAX) has a P\/E ratio of 65.68x compared with the displayed peer median of 69.21x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 13.76% compares with a peer median of 18.22% across the companies shown in the table. ROCE stood at 15.85% versus the displayed peer median of 21.34%, providing a capital-efficiency comparison. Thermax Ltd. (THERMAX) has a market capitalisation of Rs 39,406.18 crore. Among the 5 peers shown, only 1 has a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Thermax\"><\/span><strong>Why Investors Are Watching Thermax<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Thermax Share Price rose 2.23% to Rs 3,343.55, making today\u2019s price action easy to track in the Indian stock market.<\/li>\n<li>Thermax Share Price today sits at Rs 39,406.18 crore in market cap, which gives the move a large-company context within Capital Goods.<\/li>\n<li>Thermax Share Price shows P\/E of 65.68 and P\/B of 7, both important for fundamental analysis and valuation comparison.<\/li>\n<li>Thermax Share Price also carries ROE of 13.76% and ROCE of 15.85%, so returns matter alongside the day\u2019s price rise.<\/li>\n<li>Thermax Stock News is relevant because Univest data confirms the move, but no company-specific catalyst is established.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Thermax_Ltd\"><\/span><strong>About Thermax Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Thermax Ltd. operates in the Capital Goods sector and the Engineering &#8211; Industrial Equipments industry. Thermax Share Price is followed by investors who track industrial equipment companies that work within engineering-driven demand cycles. The business is known for its presence in industrial equipment and related solutions, which places it in a segment where valuation and company financials often receive close attention. Thermax Share Price today reflects that market interest, while the company\u2019s size and return metrics help frame the discussion beyond the intraday move. For readers reviewing Thermax stock performance, the company description matters because it explains why the stock appears in capital goods analysis and why peers are often compared on P\/E, P\/B, ROE and ROCE. Univest data keeps the focus on the company\u2019s sector, industry position and core financial ratios rather than on unsupported market narratives.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Thermax_Share_Price_rising_today\"><\/span><strong>Why is Thermax Share Price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax Share Price rose 2.23% to Rs 3,343.55, but no company-specific catalyst is established. According to Univest data, the move is confirmed by price action, not by a verified event explanation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Thermax_Share_Price_today\"><\/span><strong>What is Thermax Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax Share Price today is Rs 3,343.55. It is higher than the previous close of Rs 3,270.50 and sits within an intraday range of Rs 3,247.55 to Rs 3,361.75.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Thermax_Share_Price_gain_today\"><\/span><strong>How much did Thermax Share Price gain today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax Share Price gained Rs 73.05, or 2.23%, in the latest move. That rise is visible against the previous close and is part of today\u2019s market update for the stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Thermax_Market_Cap\"><\/span><strong>What is Thermax Market Cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax Market Cap stands at Rs 39,406.18 crore. That size places Thermax Share Price well above the industry median market capitalisation in the same-industry benchmark of 167 companies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Thermax_Share_Price_expensive_on_earnings\"><\/span><strong>Is Thermax Share Price expensive on earnings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax Share Price has a P\/E ratio of 65.68. That is above the industry median of 28.33 and below the industry average of 89.80, so valuation needs benchmark context.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_Thermax_ROE_and_ROCE_show\"><\/span><strong>What do Thermax ROE and ROCE show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax reports ROE of 13.76% and ROCE of 15.85%. Both ratios help frame Thermax Share Price today because they show return efficiency alongside the stock\u2019s valuation and market cap.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Thermax_book_value_and_EPS\"><\/span><strong>What is Thermax book value and EPS?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax has EPS of Rs 49.80 and book value of Rs 467.02. These figures help investors assess Thermax Share Price against the accounting value behind each share and current earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Thermax_Share_Price_compare_with_peers\"><\/span><strong>How does Thermax Share Price compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax Share Price has a market cap above all listed peers except BHEL, while its P\/E is above some and below others. That places it in the middle-to-upper valuation band.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is Thermax Share Price rising today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax Share Price rose 2.23% to Rs 3,343.55, but no company-specific catalyst is established. According to Univest data, the move is confirmed by price action, not by a verified event explanation.\"}},{\"@type\":\"Question\",\"name\":\"What is Thermax Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax Share Price today is Rs 3,343.55. It is higher than the previous close of Rs 3,270.50 and sits within an intraday range of Rs 3,247.55 to Rs 3,361.75.\"}},{\"@type\":\"Question\",\"name\":\"How much did Thermax Share Price gain today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax Share Price gained Rs 73.05, or 2.23%, in the latest move. That rise is visible against the previous close and is part of today\u2019s market update for the stock.\"}},{\"@type\":\"Question\",\"name\":\"What is Thermax Market Cap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax Market Cap stands at Rs 39,406.18 crore. That size places Thermax Share Price well above the industry median market capitalisation in the same-industry benchmark of 167 companies.\"}},{\"@type\":\"Question\",\"name\":\"Is Thermax Share Price expensive on earnings?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax Share Price has a P\/E ratio of 65.68. That is above the industry median of 28.33 and below the industry average of 89.80, so valuation needs benchmark context.\"}},{\"@type\":\"Question\",\"name\":\"What do Thermax ROE and ROCE show?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax reports ROE of 13.76% and ROCE of 15.85%. Both ratios help frame Thermax Share Price today because they show return efficiency alongside the stock\u2019s valuation and market cap.\"}},{\"@type\":\"Question\",\"name\":\"What is Thermax book value and EPS?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax has EPS of Rs 49.80 and book value of Rs 467.02. These figures help investors assess Thermax Share Price against the accounting value behind each share and current earnings.\"}},{\"@type\":\"Question\",\"name\":\"How does Thermax Share Price compare with peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thermax Share Price has a market cap above all listed peers except BHEL, while its P\/E is above some and below others. That places it in the middle-to-upper valuation band.\"}}]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Track_Thermax_Share_Price_on_Univest\"><\/span><strong>Track Thermax Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/thermax\/thermax-ltd-share-price-today\">Thermax Ltd. (THERMAX) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>Thermax Share Price can be tracked on Univest for live price movement, key valuation ratios, 52-week levels and market insights. Readers looking at Thermax Share Price today can use the platform to follow company news, stock analysis and financial ratios in one place. Univest data presents the latest figures in a format that helps compare price action with fundamentals and sector context without adding speculation. If you are following Thermax Stock News, the company page is useful for keeping the share price rise, market cap, P\/E, P\/B, ROE and ROCE together in a single view.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thermax Ltd. Share Price rises to Rs 3,343.55, marking a 2.23% rise today. Market cap stands at Rs 39,406.18 crore.<\/p>\n","protected":false},"author":35,"featured_media":313669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-279128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["313669"],"rank_math_title":["Thermax Share Price rises 2.23% on market update"],"rank_math_description":["Thermax Share Price rose 2.23% to Rs 3,343.55. 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