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THERMAX NEWS why is Thermax Limited price falling or rising

THERMAX NEWS reasons for why stock price of Thermax Limited is falling or rising

THERMAX Thermax is falling or rising technical reasons

Technical analysis forecast for Thermax Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Thermax THERMAX at this time. Stock is falling and might fall more.

It appears as if Thermax THERMAX gave a large move recently.

Stock of Thermax (THERMAX) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Thermax is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Thermax stays below 3575.4, but if it comes above 3575.4, then a intra day buy could be more profitable.
If you take a sell trade below 3575.4, then use 3575.4 as stoploss and 3373.1 as target. However if you take a buy trade in Thermax, then use 3575.4 as stoploss and 3743.98 as target.

THERMAX Thermax is falling or rising NEWS fundamental reasons

Company Announcement Thermax Limited has informed the Exchange about incorporation of wholly owned step-down subsidiary - NEWS as on 2026-09-16

Thermax announces incorporation of step-down subsidiary in Botswana Thermax Engineering Construction Company (TECC), a wholly owned subsidiary of Thermax, has incorporated a Company with the name Thermax Botswana Proprietary and the Certificate of Incorporation for Thermax Botswana Proprietary has been issued by the Compan - NEWS as on 2026-09-15 business-standard.com

Company Announcement Thermax Limited has informed the Exchange about Transcript - NEWS as on 2026-08-06

Company Announcement - NEWS as on 2026-08-03

Company Announcement Thermax Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 30, 2026. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2026-08-03

Company Announcement Thermax Limited has informed the Exchange about Investor Presentation - NEWS as on 2026-07-31

More announcements and NEWS

THERMAX Thermax Limited current price & indicator signals

Moving Averages for Thermax Limited

  • 5Day Average: 3579.92
  • 12Day Average: 3629.93
  • 20Day Average: 3760.06
  • 50Day Average: 4095.08
  • 100Day Average: 4359.68
  • 150Day Average: 4022.66
  • 200Day Average: 3748.16

THERMAX Indicators & signals

Indicator MACD (12,26,9)

3652.55, 3808.99, -155.22
Indicator MACD is in negative zone

Indicator ADX (14)

54.3, 8.39, 28.31
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of THERMAX Thermax Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Fri Sep 2026 3551.90 3522.40 to 3599.00 -0.49% 1.49 times
17 Thu Sep 2026 3569.50 3502.10 to 3591.40 0.92% 0.5 times
16 Wed Sep 2026 3536.80 3481.60 to 3582.50 -0.63% 1.53 times
15 Tue Sep 2026 3559.40 3508.00 to 3718.00 -3.33% 1.32 times
11 Fri Sep 2026 3682.00 3589.50 to 3702.10 1% 0.53 times
10 Thu Sep 2026 3645.40 3625.30 to 3719.80 0.19% 0.7 times
09 Wed Sep 2026 3638.60 3614.20 to 3702.00 0.25% 0.88 times
08 Tue Sep 2026 3629.60 3580.50 to 3655.20 0.21% 1.22 times
07 Mon Sep 2026 3622.00 3593.30 to 3670.00 -0.43% 0.88 times
04 Fri Sep 2026 3637.60 3617.00 to 3765.60 -2.58% 1.61 times
03 Thu Sep 2026 3733.90 3710.00 to 3821.90 -0.5% 0.82 times
02 Wed Sep 2026 3752.50 3740.20 to 3908.40 -4.11% 0.84 times

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