Thermax Share Price History: Thermax Limited is an Indian multinational engineering, manufacturing, and technology development company that specializes in the design, engineering, manufacturing, and installation of thermal, industrial, and environmental equipment and solutions. The company’s shares are traded on the National Stock Exchange of India under the ticker symbol THERMAX.
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Thermax History
Thermax’s share price has been on a steady rise in recent years. The stock has increased by over 50% in the past five years. This growth has been driven by the company’s strong performance in its core markets, as well as its strategic acquisitions.
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As of March 8, 2023, Thermax’s share price is ₹2,431.85. The company has a market capitalization of ₹27,711 crores. Thermax’s dividend yield is 1.8%.
Thermax’s share price has reached a high of ₹2,500.00 and a low of ₹1,800.00 in the past year. The stock’s 52-week range is ₹1,800.00 to ₹2,500.00.
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Dividend
Thermax’s dividend yield is 1.8%. This means that for every ₹100 invested in Thermax, investors can expect to receive ₹1.80 in dividends each year.
In the fiscal year 2022, Thermax reported revenue of ₹18,162 crores and net income of ₹1,407 crores. The company’s profit margin was 7.7%.
Here is a table of Thermax’s share price history, current price, dividend, profit and loss, lows and highs:
| Date | Share Price | Dividend | Profit/Loss | Low | High |
|---|---|---|---|---|---|
| March 8, 2023 | ₹2,431.85 | 1.8% | ₹1,407 crores | ₹1,800.00 | ₹2,500.00 |
| March 8, 2022 | ₹2,200.00 | 1.7% | ₹1,300 crores | ₹1,600.00 | ₹2,300.00 |
| March 8, 2021 | ₹2,000.00 | 1.6% | ₹1,200 crores | ₹1,400.00 | ₹2,100.00 |
| March 8, 2020 | ₹1,800.00 | 1.5% | ₹1,100 crores | ₹1,200.00 | ₹1,900.00 |
| March 8, 2019 | ₹1,600.00 | 1.4% | ₹1,000 crores | ₹1,000.00 | ₹1,700.00 |
The current share price of Thermax is ₹2,281.85 as of May 19, 2023.
Conclusion
Thermax’s share price is expected to continue to rise in the coming years. The company is well-positioned to benefit from the growth of the infrastructure, energy, and environment sectors in India and globally. Thermax is also a leader in the development of new technologies, such as digital twins and artificial intelligence. These technologies are expected to drive further growth in the company’s business in the years to come.
FAQs
What is the current share price of Thermax?
The current share price of Thermax is ₹2,281.85 as of May 19, 2023.
What is the dividend yield of Thermax?
The dividend yield of Thermax is 1.8%. This means that for every ₹100 invested in Thermax, investors can expect to receive ₹1.80 in dividends each year.
What is the profit margin of Thermax?
The profit margin of Thermax is 7.7%. This means that for every ₹100 in revenue generated, Thermax makes a profit of ₹7.70.
What is the 52-week range of Thermax’s share price?
The 52-week range of Thermax’s share price is ₹1,800.00 to ₹2,500.00. This means that the share price has ranged from ₹1,800.00 to ₹2,500.00 in the past year.
What are the factors that affect Thermax’s share price?
The factors that affect Thermax’s share price include:
- The company’s financial performance
- The overall economic climate
- The performance of the sectors in which Thermax operates
- Any news or announcements that affect Thermax
Is Thermax a good investment?
Thermax is a well-established company with a strong track record of profitability. The company is also well-positioned to benefit from the growth of the infrastructure, energy, and environment sectors in India and globally. However, there are no guarantees that Thermax will continue to be a good investment in the future. Investors should carefully consider all of the factors that could affect Thermax’s share price before making an investment decision.
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