Prabhudas Lilladher is bullish on Thermax has recommended hold rating on the stock with a target price of Rs 3633 in its research report dated September 12, 2025.
Stocks to Watch, 10 September: Stocks like Kotak Mahindra Bank, Vikram Solar, Blue Jet Healthcare, Sun Pharmaceutical Industries, HEG, Sterling and Wilson, Mamata Machinery, Bikaji Foods International, and Optivalue Tek Consulting will be in focus on September 10.
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Stocks to Watch, 21 August: Stocks like Clean Science and Technology, Shanti Gold International, India Cements, RailTel Corporation of India, Jupiter Wagons, V-Guard Industries, Fortis Healthcare, Innova Captab, Poly Medicure, Enviro Infra Engineers, and Prostarm info Systems will be in focus on August 21.
While Q1FY26 saw some execution slippages, the company is hopeful that the next few quarters could bring better growth and margins
Prabhudas Lilladher recommended hold rating on Thermax with a target price of Rs 3633 in its research report dated August 02, 2025.
Stocks to Watch, 4 August: Stocks like ABB India, Dilip Buildcon, ITC, Railtel Corporation of India, Hero MotoCorp, Delhivery, MCX, Muthoot Capital Services, Harsha Engineers, Tata Power, and Federal Bank will be in focus on August 4.
Stocks to Watch Today, 1 August: Stocks like Coal India, Shanti Gold International, Swiggy, PB Fintech, Chalet Hotels, RR Kabel, JSW Energy, Aarti Industries, ITC, Eicher Motors, and Gujarat Gas will be in focus on August 1.
Kotak said Thermax's strong margin profile and growth potential across key segments could drive a 22 percent EPS CAGR over the next three years.
ICICI Securities is bearish on Thermax has recommended sell rating on the stock with a target price of Rs 3,100 in its research report dated May 12, 2025.
Prabhudas Lilladher recommended accumulate rating on Thermax with a target price of Rs 3629 in its research report dated May 13, 2025.
Stocks to Watch, 4 Apr: Stocks like L&T Finance, Vedanta, RBL Bank, Bandhan Bank, SH Kelkar and Company, Jio Financial Services, GR Infraprojects, UltraTech Cement, Balaji Amines, Sai Life Sciences, Nestle India, Jupiter Wagons, Thermax, and Ami Organics will be in focus on April 4.
Stocks to Watch, Mar 11: Stocks like Centum Electronics, NTPC Green Energy, Indian Bank, Urja Global, Bharat Electronics, NLC India, Ashoka Buildcon, Hisar Metal Industries, Anupam Rasayan India, Emcure Pharmaceuticals, Gensol Engineering, and Thermax will be in focus on March 11.
Prabhudas Lilladher recommended accumulate rating on Thermax with a target price of Rs 3857 in its research report dated February 07, 2025.
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes Mahindra & Mahindra, Ola Electric, LIC, Cummins, Thermax and Fortis Health among others.
The finance minister also announced the removal of 7 tariff rates in order to promote exports. After this there will be only 8 remaining tariff rates including zero rates. Additionally, investment index friendliness of states will be launched in 2025.
Sharekhan recommended Hold rating on Thermax with a target price of Rs 5481 in its research report dated November 14, 2024.