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Thermax Share Price Target 2024, 2025, 2026 to 2039 With Charts
Thermax Limited | |||
 | Symbol: THERMAX | ||
| Price: ₹5,003.85 | |||
| Exchange: NSE | |||
| Industrials -> Specialty Industrial Machinery | |||
Show Table of Contents
Table of Contents
- 1: Thermax Brief Company Overview
- 1.1: Thermax Limited: Energy, Environment, and Chemical Solutions Provider
- 1.2: Thermax Financial Performance
- 1.2.1: Is Thermax A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Thermax Share Price Target For 2024
- 2.1.1: Thermax Share Price Target Table For 2024
- 2.1.2: Summary: Thermax Share Price Prediction For 2024
- 2.2: Thermax Share Price Target For 2025
- 2.2.1: Thermax Share Price Target Table For 2025
- 2.2.2: Summary: Thermax Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Thermax Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Thermax Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Thermax Past Performance
Thermax Brief Company Overview
Thermax Limited: Energy, Environment, and Chemical Solutions Provider
Thermax Limited, established in 1966, is a leading Indian multinational corporation specializing in energy, environment, and chemical solutions. With headquarters in Pune, India, Thermax has a global presence and serves a wide range of industries.
Key Offerings and Expertise:
- Energy solutions, including boilers, heat recovery systems, and energy plants
- Environment solutions, such as air pollution control, water treatment, and waste management
- Chemical solutions, comprising ion exchange resins, oil field chemicals, and performance chemicals
Commitment to Excellence:
Thermax is renowned for its commitment to innovation, quality, and sustainability. The company's R&D capabilities and advanced manufacturing facilities enable it to deliver cutting-edge solutions to its clients.
Diverse Product Range:
Thermax's comprehensive product portfolio caters to diverse industry needs, from agriculture to pharmaceuticals and from manufacturing to telecommunications.
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Thermax Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 56,125.23 Crore | Market valuation of Thermax's shares. |
| Revenue (TTM) | 9,323.46 Crore | Total revenue generated by Thermax over the past twelve months. |
| Net Income (TTM) | +645.28 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 8.07% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 6.92% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +19.6% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +22% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 28.77 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,277.42 Crore | Sum of Thermax's current & long-term financial obligations. |
| Total Cash | 2,338.77 Crore | Total amount of liquid funds available to Thermax. |
| Beta | 0.37 | Beta is less than 1 indicating that the Thermax's price is less volatile than the market. |
Is Thermax A Good Buy For Long Term?
Based on its strong financial performance and consistent growth, Thermax is considered a good buy for the long term. The company's revenue and profit have grown significantly in recent quarters, and it maintains a healthy profit margin. Additionally, its debt is manageable compared to its cash balance, indicating financial stability. Thermax's strong track record and promising outlook make it an attractive investment for those seeking long-term returns.
To predict the Thermax's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Thermax Share Price Target For 2024
The line chart displays the monthly closing prices of Thermax with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Thermax shares in 2024, see the table below.
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Thermax Share Price Target Table For 2024
| Thermax's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 5150.00 (+2.92%) | Price Action: 22 Oct 2024 High |
| 2024 Target 2 | 5096.04 (+1.84%) | Price Action: 12 Nov 2024 Low |
| 2024 Target 1 | 5040.04 (+0.72%) | Price Action: 18 Oct 2024 Low |
| Current Price | 5003.85 | Thermax's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 4980.04 (-0.48%) | Price Action: 24 Oct 2024 Low |
| Stop Loss 2 | 4929.72 (-1.49%) | Technical Indicator: MA150 |
| Stop Loss 3 | 4829.07 (-3.5%) | Fibonacci Retracement Extended 28.2% |
Summary: Thermax Share Price Prediction For 2024
In summary, Thermax has surged by ₹1922.35, achieving a notable +62.38% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Thermax for 2024 predicts an additional rise of 0.72% to 2.92% by the end of 2024 with three potential targets T1: 5040.04, T2: 5096.04, T3: 5150.00. Stop Loss at SL1: 4980.04, SL2: 4929.72, SL3: 4829.07.
Thermax has a 52-week high of ₹5839.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2500.25, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Thermax.
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Thermax Share Price Target For 2025
The line chart displays the monthly closing prices of Thermax with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Thermax shares in 2025, see the table below.
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Thermax Share Price Target Table For 2025
| Thermax's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 7230.31 (+44.49%) | Price Action: Chart |
| 2025 Target 2 | 7095.50 (+41.8%) | Fibonacci Extension Level 150% |
| 2025 Target 1 | 6991.74 (+39.72%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 5003.85 | Thermax's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 4480.00 (-10.47%) | Price Action: Apr 2024 Low |
| Stop Loss 2 | 4435.20 (-11.37%) | Price Action: Chart |
| Stop Loss 3 | 4330.00 (-13.47%) | Price Action: Aug 2024 Low |
Summary: Thermax Share Price Prediction For 2025
In summary, Thermax has surged by ₹1922.35, achieving a notable +62.38% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Thermax for 2025 predicts an additional rise of 39.72% to 44.49% by the end of 2025 with three potential targets T1: 6991.74, T2: 7095.50, T3: 7230.31. Stop Loss at SL1: 4480.00, SL2: 4435.20, SL3: 4330.00.
Thermax has a All-Time high of ₹5839.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹2500.25, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Thermax, we have created a specific page for that check here: Thermax Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Thermax Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Thermax share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.59% over the next 15 years.
For complete year by year Thermax long term share price target from 2024, 2025 to 2039 check the below table.
Thermax Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Thermax Target | YoY Change % |
|---|---|---|
| 2024 | ₹5,003.85 | [Current Price] |
| 2024 | ₹5,248.68 | 4.89% |
| 2025 | ₹5,942.15 | 13.21% |
| 2026 | ₹6,233.63 | 4.9% |
| 2027 | ₹6,488.67 | 4.09% |
| 2028 | ₹7,030.32 | 8.34% |
| 2029 | ₹8,289.78 | 17.91% |
| 2030 | ₹9,027.51 | 8.89% |
| 2031 | ₹9,165.84 | 1.53% |
| 2032 | ₹9,278.4 | 1.22% |
| 2033 | ₹9,813.59 | 5.76% |
| 2034 | ₹11,330.88 | 15.46% |
| 2035 | ₹12,112.87 | 6.9% |
| 2036 | ₹12,098.05 | -0.13% |
| 2037 | ₹12,068.13 | -0.25% |
| 2038 | ₹12,596.86 | 4.38% |
| 2039 | ₹14,611.84 | 15.99% |
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Thermax Past Performance
- In 1995, Thermax opening price was ₹50.1
- As of Thu 14 Nov 2024 the price stands at ₹5,003.85.
- This represents a Compound Annual Growth Rate (CAGR) of 16.59%.
- In 29 years, an investment of 10,000 would have become ₹9.98 Lakh.
As we wrap up, we hope you like our study on Thermax share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Thermax Share Price History
- Thermax Price Target Tomorrow
- Thermax Dividend History
- Thermax Bonus History
- Thermax Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
