Thermax Ltd. Faces Mixed Performance Amid Broader Market Decline and Long-Term Growth

Thermax Ltd., a prominent player in the engineering and industrial equipment sector, has experienced a decline of 3.07% on March 26, 2025. The stock's performance today underperformed the sector by 1.31%, with an intraday low of Rs 3,455, reflecting a drop of 3.02%.
In terms of moving averages, Thermax is currently positioned higher than its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed short-term and long-term trends.

The broader market context shows the Sensex opening flat before declining by 598 points to 77,423.45, a drop of 0.76%. Despite this, the Sensex has seen a three-week consecutive rise, gaining 5.77% during this period.

Over various time frames, Thermax's performance has been varied; it has seen a 2.35% increase over the past week, an 8.32% rise in the last month, but a significant decline of 23.34% over the past three months. Year-to-date, the stock is down 15.12%, contrasting with the Sensex's slight decline of 0.93%. Over the longer term, Thermax has shown substantial growth, with a 348.69% increase over the past five years.