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Thermax Share Price History & Returns (1995 To 2024)

Thermax Share Price History & Returns (1995 To 2024)

Updated: Fri 19 Apr 2024

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Thermax Share Highlights

As of Fri 19 Apr 2024, Thermax Share price is ₹4,811.89 which is ₹65.11 below 52-week high of ₹4,877 and ₹2,620.04 above 52-week low of ₹2,191.85

52-Week High Low

  • Thermax 52-Week High is ₹4,877 occured on Fri 19 Apr 2024
  • Thermax 52-Week Low is ₹2,191.85 occured on Mon 26 Jun 2023

All Time High

  • The all-time high or the highest price that Thermax shares have ever touched was ₹4,877 and this occurred on Fri 19 Apr 2024.
  • The highest closing price at which Thermax shares have ever closed was ₹4,742.70 recorded on Thu 18 Apr 2024.

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Thermax Share Price Chart From 1995 to 2024

Thermax Share Price History Table From 1995 to 2024

Thermax Share Price History Table From 1995 to 2024

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YearThermaxYOY Chg%↑High - ↓Low
1995₹65.41-

↑ ₹71.20

↓ ₹49.00

1996₹66.982.4%

↑ ₹87.40

↓ ₹61.40

1997₹35.30-47.3%

↑ ₹78.58

↓ ₹31.22

1998₹28.69-18.8%

↑ ₹59.22

↓ ₹25.00

1999₹28.03-2.4%

↑ ₹61.60

↓ ₹21.80

2000₹19.64-30%

↑ ₹30.80

↓ ₹11.78

2001₹13.40-31.8%

↑ ₹23.20

↓ ₹7.65

2002₹28.44112.2%

↑ ₹32.50

↓ ₹12.73

2003₹82.94191.6%

↑ ₹90.00

↓ ₹25.31

2004₹109.3131.7%

↑ ₹112

↓ ₹63.02

2005₹188.4672.4%

↑ ₹197

↓ ₹94.20

2006₹388.70106.2%

↑ ₹417

↓ ₹192

2007₹819.10110.7%

↑ ₹945

↓ ₹326

2008₹179.90-78.1%

↑ ₹860

↓ ₹150

2009₹609.05238.5%

↑ ₹646

↓ ₹150

2010₹871.5543%

↑ ₹930

↓ ₹556

2011₹393.40-54.9%

↑ ₹908

↓ ₹380

2012₹616.9056.8%

↑ ₹691

↓ ₹388

2013₹710.9515.2%

↑ ₹716

↓ ₹530

2014₹1068.1550.2%

↑ ₹1132

↓ ₹620

2015₹904.45-15.4%

↑ ₹1317

↓ ₹827

2016₹743.60-17.8%

↑ ₹949

↓ ₹690

2017₹1223.7564.5%

↑ ₹1250

↓ ₹731

2018₹1120.25-8.5%

↑ ₹1360

↓ ₹873

2019₹1082.60-3.4%

↑ ₹1198

↓ ₹927

2020₹907.95-16.2%

↑ ₹1119

↓ ₹570

2021₹1786.9096.8%

↑ ₹1943

↓ ₹902

2022₹1968.2010.1%

↑ ₹2679

↓ ₹1651

2023₹3081.5056.5%

↑ ₹3230

↓ ₹1872

2024₹4811.8956.1%

↑ ₹4877

↓ ₹2977

Analyzing the Impact of Investing in Thermax

Thermax Shares price in the year 1995 was ₹65.41. If you had invested ₹10,000 in Thermax Shares in 1995, in 29 years, your investment would have grown to ₹7.36 Lakh by the end of 2024. This represents a positive return of 7256.5% from 1995 to 2024, with a compound annual growth rate (CAGR) of 15.9%.

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Also Read: Radico Khaitan Year Wise Share Price History From IPO to 2024

Thermax Share Returns In Last 5 Years

Thermax Share Returns In Last 5 Years
  • Its highest share price in the last 5 years was: ₹4,877 and lowest was: ₹570
  • Thermax Shares price in 2019 was ₹1,082.60
  • By 2024, its share price rose to ₹4,811.89
  • It gave a positive return of over 344% with a CAGR of 34.7% over the last 5 years
  • If you had invested ₹10,000 in Thermax in 2019 then in 5 years, your investment would have grown to ₹44,447 by 2024, which is 4.44 times of your initial investment.

Thermax Share Returns In Last 10 Years

Thermax Share Returns In Last 10 Years
  • Its highest share price in the last 10 years was: ₹4,877 and lowest was: ₹570
  • Thermax Shares price in 2014 was ₹1,068.15
  • By 2024, its share price rose to ₹4,811.89
  • It gave a positive return of over 350% with a CAGR of 16.2% over the last 10 years
  • If you had invested ₹10,000 in Thermax in 2014 then in 10 years, your investment would have grown to ₹45,048 by 2024, which is 4.5 times of your initial investment.

Thermax Share Returns In Last 15 Years

THERMAX last15
  • Its highest share price in the last 15 years was: ₹4,877 and lowest was: ₹150
  • Thermax Shares price in 2009 was ₹609.05
  • By 2024, its share price rose to ₹4,811.89
  • It gave a positive return of over 690% with a CAGR of 14.7% over the last 15 years
  • If you had invested ₹10,000 in Thermax in 2009 then in 15 years, your investment would have grown to ₹79,006 by 2024, which is 7.9 times of your initial investment.

Thermax Share Returns In Last 20 Years

Thermax Share Returns In Last 20 Years
  • Its highest share price in the last 20 years was: ₹4,877 and lowest was: ₹63.02
  • Thermax Shares price in 2004 was ₹109.31
  • By 2024, its share price rose to ₹4,811.89
  • It gave a positive return of over 4302% with a CAGR of 20.8% over the last 20 years
  • If you had invested ₹10,000 in Thermax in 2004 then in 20 years, your investment would have grown to ₹4.4 Lakh by 2024, which is 44.02 times of your initial investment.

Thermax Share VS FD (Normal) VS FD (Compounding)

You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.

  • Shares: Units of ownership in a company can benefit from its profits or losses.
  • FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
  • Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
To help you make a well-informed decision, we have prepared a handy table that compares the returns of Thermax Share with both FD choices over time.


If you invested ₹10,000 rupees each in these 3 options in :

YearThermax InvestmentFD Normal InvestmentFD Compond Investment
1995₹10,000₹10,000₹10,000

Then today, your investment would have become this much in each option:

2024₹7,25,056.39₹27,400₹54,183.88



[Click/Touch on line to show data]


For more insights into Thermax, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter