Thermax Ltd.

NSE: THERMAX · Capital Goods

₹3,386.00

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 62% confidence

Q1 FY27 profit collapsed 83% and revenue fell 32% YoY; technical oversold signals and analyst upgrade lack fundamental support without…

Strongest bull point

RSI at 28.1 (deep oversold) combined with low-volume sell-off (51% of average) and analyst upgrade to Hold suggest mean-reversion potential if the Q1 earnings trough stabilizes.

Strongest bear point

Confirmed 83% profit collapse and 32% revenue decline in Q1 FY27 represent severe operational deterioration; stock underperformed NIFTY by 28.76% over 3 months, indicating stock-specific fundamental weakness.

Technical Forecast · next 10 trading days

Expected

₹3,377.62 -0.2%

Range

₹3,365.78 – ₹3,380.36

Technical Forecast Fundamental Debate

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Every call on THERMAX, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹3,386.00 → ₹3,386.00 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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