The report maintains BUY on Thermax with a reduced TP of INR 4,050 (cut from 52x to 45x multiple), noting a revenue/EBITDA/APAT miss and muted order inflow in Q2FY27.
Read this note →Thermax Limited
NSE THERMAX BSE 500411 INE152A01029
0 filings · 0 analysed
2,785.90
-14.45%
over 1 month
-
HSIE Results Daily 07 Nov 26 HSIE
The report maintains BUY on Thermax with a reduced TP of INR 4,050 (cut from 52x to 45x multiple), noting a revenue/EBITDA/APAT miss and muted order inflow in Q2FY27.
Prices from Yahoo Finance, NSE close, delayed — indicative only, not for dealing. Solid markers sit on the exchange's own timestamp.
Targets, and what happened next
What each house published, and where the price has gone since. Orivam issues no calls of its own and takes no view on these.
| House | Published | Call | Entry | Target | Now | Progress | Standing |
|---|---|---|---|---|---|---|---|
| HDFC Securities | 07 Nov 2026, 06:48 | long | 2,746.30 | 4,050.00 | 2,839.80 | 7% | open by 2027-11-07 |
Deadlines: 0 stated by the house, the rest set by Orivam’s convention — ten trading days for a technical call, twelve months for a price target. A target with no date cannot be judged, so one has to be chosen.
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