⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
THERMAX - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.1
| Stock Code | THERMAX | Market Cap | 56,037 Cr. | Current Price | 4,696 ₹ | High / Low | 5,075 ₹ |
| Stock P/E | 97.1 | Book Value | 372 ₹ | Dividend Yield | 0.30 % | ROCE | 17.0 % |
| ROE | 13.8 % | Face Value | 2.00 ₹ | DMA 50 | 4,348 ₹ | DMA 200 | 3,684 ₹ |
| Chg in FII Hold | -1.11 % | Chg in DII Hold | 0.65 % | PAT Qtr | 199 Cr. | PAT Prev Qtr | 111 Cr. |
| RSI | 54.3 | MACD | 107 | Volume | 4,29,813 | Avg Vol 1Wk | 2,50,345 |
| Low price | 2,743 ₹ | High price | 5,075 ₹ | PEG Ratio | 4.64 | Debt to equity | 0.03 |
| 52w Index | 83.8 % | Qtr Profit Var | -2.89 % | EPS | 54.5 ₹ | Industry PE | 36.9 |
📈 Optimal Entry Price: 4,600–4,650 ₹ (near 50 DMA support)
📉 Exit Strategy: If already holding, consider exiting near 4,950–5,000 ₹ (resistance zone) or cut losses if price falls below 4,550 ₹.
Positive
- 📊 EPS at 54.5 ₹ supports valuation strength.
- 📈 PAT improved (111 Cr. → 199 Cr.), showing earnings growth.
- 💰 Dividend yield of 0.30% provides shareholder returns.
- 📉 Debt-to-equity ratio at 0.03, reflecting strong balance sheet.
- 📊 RSI at 54.3 indicates balanced momentum, not overbought.
- 📈 MACD positive at 107, confirming bullish trend.
- 📊 Strong institutional support with DII holdings up (+0.65%).
Limitation
- ⚠️ High P/E ratio (97.1) compared to industry PE (36.9), suggesting overvaluation.
- 📉 ROCE (17.0%) and ROE (13.8%) are moderate relative to valuation.
- 📊 FII holdings decreased (-1.11%), showing reduced foreign investor confidence.
- 📉 Quarterly profit variation slightly negative (-2.89%).
Company Negative News
- ❌ Valuation stretched compared to peers.
- ⚠️ Slight decline in foreign institutional investor holdings.
Company Positive News
- ✅ PAT growth quarter-on-quarter shows operational improvement.
- 📈 DII holdings increased, reflecting domestic confidence.
- 📊 Strong trading volume (4.29 lakh shares vs avg 2.50 lakh) indicates liquidity support.
Industry
- 🌐 Industry PE at 36.9 is much lower than THERMAX’s PE (97.1), suggesting premium valuation.
- 📊 Capital goods sector supported by infrastructure and industrial demand.
Conclusion
⚖️ THERMAX is a strong swing trade candidate with bullish technicals and improving earnings, but valuation risks remain high. Entry near 4,600–4,650 ₹ offers favorable risk-reward, with exit near 4,950–5,000 ₹. Stop-loss should be maintained around 4,550 ₹ to manage downside risk.
This analysis frames THERMAX as a premium-valued but technically strong swing candidate. Would you like me to extend this into a capital goods sector overlay comparing peers like ABB India and Siemens to benchmark its swing potential?