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Thermax (THERMAX) Share Price rises 2.23% as stock trades at Rs 3,343.55

16 Oct 2026 • 1:29 pm

Thermax (THERMAX) Share Price rises 2.23% as stock trades at Rs 3,343.55
Thermax Ltd. (THERMAX) share price rose to Rs 3,343.55 today, up 2.23% from the previous close. Market cap was Rs 39,406.18 crore.

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’s 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’s move, the company’s valuation, and the sector backdrop. Univest data also shows that the next layer to watch is whether today’s rise is accompanied by any fresh financial or sector updates.

Thermax Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 3,343.55
Previous Close Rs 3,270.5
Today's Move Rs 73.05 (+2.23%)
Open Rs 3,290.5
High Rs 3,361.75
Low Rs 3,247.55
Market Capitalisation Rs 39,406.18 crore
Market Cap Category Large Cap

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.

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’s 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’s financial and sector context.

Thermax Ltd. (THERMAX) Fundamental Analysis

Metric Value
Market Capitalisation Rs 39,406.18 crore
P/E Ratio 65.68x
P/B Ratio 7x
ROE 13.76%
ROCE 15.85%
EPS Rs 49.8
Book Value Per Share Rs 467.02
Dividend Yield 0.61%

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's position rather than a recommendation.

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.

Sector and Industry Context

Metric Value
Sector Capital Goods
Industry Engineering – Industrial Equipments
Benchmark Scope same industry
Company P/E Ratio 65.68x
Benchmark Median P/E 28.33x
Benchmark Average P/E 89.8x
Benchmark P/E Range 0.75x to 6,243.09x
Company P/B Ratio 7x
Benchmark Median P/B 2.93x
Company ROE 13.76%
Benchmark Median ROE 13.59%
Company ROCE 15.85%
Benchmark Median ROCE 15.96%
Company Market Capitalisation Rs 39,406.18 crore
Benchmark Median Market Cap Rs 352.19 crore

Thermax Ltd. (THERMAX) operates in the Capital Goods sector, within the Engineering – Industrial Equipments industry.

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.

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%.

Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Bharat Heavy Electricals Ltd. BHEL 1,61,393.64 52.58 5.66 6.29 9.24
Jyoti CNC Automation Ltd. JYOTICNC 23,081.17 69.21 10.82 18.22 21.34
Inox India Ltd. INOXINDIA 18,797.31 72.17 15.78 26.11 33.54
Azad Engineering Ltd. AZAD 18,542.06 127.74 11.35 9.14 12.04
Triveni Turbine Ltd. TRITURBINE 16,570.56 47.81 10.76 26.32 35.95

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.

Why Investors Are Watching Thermax

  • Thermax Share Price rose 2.23% to Rs 3,343.55, making today’s price action easy to track in the Indian stock market.
  • 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.
  • Thermax Share Price shows P/E of 65.68 and P/B of 7, both important for fundamental analysis and valuation comparison.
  • Thermax Share Price also carries ROE of 13.76% and ROCE of 15.85%, so returns matter alongside the day’s price rise.
  • Thermax Stock News is relevant because Univest data confirms the move, but no company-specific catalyst is established.

About Thermax Ltd.

Thermax Ltd. operates in the Capital Goods sector and the Engineering – 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’s 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’s sector, industry position and core financial ratios rather than on unsupported market narratives.

Disclaimer: 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).

Frequently Asked Questions

Why is Thermax Share Price rising today?

Ans. 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.

What is Thermax Share Price today?

Ans. 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.

How much did Thermax Share Price gain today?

Ans. 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’s market update for the stock.

What is Thermax Market Cap?

Ans. 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.

Is Thermax Share Price expensive on earnings?

Ans. 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.

What do Thermax ROE and ROCE show?

Ans. 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’s valuation and market cap.

What is Thermax book value and EPS?

Ans. 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.

How does Thermax Share Price compare with peers?

Ans. 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.

Track Thermax Share Price on Univest

Use Thermax Ltd. (THERMAX) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

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.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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