{"id":11081,"date":"2026-11-06T17:59:29","date_gmt":"2026-11-06T12:29:29","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-06\/"},"modified":"2026-11-06T17:59:32","modified_gmt":"2026-11-06T12:29:32","slug":"thermax-share-price-today-2026-11-06","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-06\/","title":{"rendered":"Thermax Share Price Today: Falls 16.53% in 2 Trading Sessions | 6 November 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-button { display:inline-block; background:#10233f; color:#fff !important; padding:10px 17px; border-radius:7px; text-decoration:none !important; font-size:15px; font-weight:800; line-height:1.5; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-dark .wt-cta-button { background:#ffe36e; color:#10233f !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-faq h3 { color:#173b58 !important; font-size:17px !important; line-height:1.45; margin:18px 0 6px !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) > p:last-child { font-size:13px; line-height:1.55; color:#606b78; border-top:1px solid #e1e7ef; padding-top:13px; margin-top:16px; }\n@media (max-width:960px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(3,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:1.7fr 1fr 1.2fr 1.2fr; gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: THERMAX<\/strong> \u00b7 6 November 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b92,746.30<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>-17.27%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b93,048.50 \/ \u20b92,666.60<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b93,319.70<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>28.96 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>6 November 2026 \u00b7 03:30 PM IST<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>Thermax has fallen 16.53% over 2 trading sessions; today&#x27;s move is -17.27%.<\/li>\n<li>Thermax Limited submitted its standalone and consolidated financial results for the period ended September 30, 2026. Quarterly profitability was impacted in the industrial product segment due to product mix and higher input costs, further affected by a \u20b915 crore impairment provision in a hybrid renewable energy project within the green solutions segment. Meanwhile, operating revenue for the consolidated entity stood at \u20b92,755.87 crore.<\/li>\n<li>Trading volume was 17.28 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Thermax share price: 16.53% decline over 2 trading sessions<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Thermax Ltd. (THERMAX) dropped sharply by 17.27% on November 6, 2026, closing at \u20b92,746.30 after touching an intraday low of \u20b92,666.60 and a high of \u20b93,012.70.<\/p>\n<p class=\"wt-copy\">The broader market demonstrated positive momentum, with the Nifty rising by 2.01%. Thermax&#x27;s steep decline contrasted sharply against this positive market backdrop, extending its recent underperformance marked by a 5-day return of -11.96% and a 20-day return of -12.69%.<\/p>\n<p class=\"wt-copy\">The downward pressure followed recent financial disclosures from the company for the quarter ended September 30, 2026, where management noted profitability impacts in the industrial product segment from product mix and input costs, along with a \u20b915 crore impairment provision in a hybrid renewable energy project. Additionally, recent news surrounding potential strategic growth partners for its green energy unit First Energy Private Limited provided backdrop context to ongoing portfolio restructuring.<\/p>\n<p class=\"wt-copy\">28.96 lakh shares traded by 6 November 2026 \u00b7 03:30 PM IST. This compares with a 20-day average daily volume of 1.68 lakh shares (17.28 times). The five-day average daily volume was 1.67 lakh shares. Separately, the NSE report for 6 November 2026 showed 11.96 lakh shares delivered, representing 41.30% of that day\u2019s traded volume. The same report recorded 210,960 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>negative earnings reaction and margin pressure following Q2 results<\/strong><\/p>\n<p class=\"wt-copy\">The sharp 17.27% drop aligns with the release of Q2 financial results detailing profitability headwinds in industrial products and project impairment charges, which weighed heavily on market sentiment.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Q2 FY2027 Financial Results and Segment Performance<\/div>\n<div class=\"wt-card-date\">5 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Thermax Limited submitted its standalone and consolidated financial results for the period ended September 30, 2026. Quarterly profitability was impacted in the industrial product segment due to product mix and higher input costs, further affected by a \u20b915 crore impairment provision in a hybrid renewable energy project within the green solutions segment. Meanwhile, operating revenue for the consolidated entity stood at \u20b92,755.87 crore.<\/p>\n<p class=\"wt-copy\">Financial disclosures and impairment provisions directly influence investor valuations and margin expectations for core operating segments.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Acquisition of Remaining Stake in TSA Process Equipments<\/div>\n<div class=\"wt-card-date\">1 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">The company completed the acquisition of the remaining 49% equity share capital in TSA Process Equipments Private Limited, making it a wholly owned subsidiary. The transaction involved a cash consideration of \u20b942 crore in one or more tranches subject to terms. TSA operates in high purity water solutions with a turnover of \u20b9166.99 crore for fiscal year 2025-26.<\/p>\n<p class=\"wt-copy\">Consolidating full ownership of water treatment subsidiaries strengthens Thermax&#x27;s integrated environmental solutions footprint.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_30092026193139_SEIntimationAcquisition.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Assessment Order Received under Central GST<\/div>\n<div class=\"wt-card-date\">5 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Thermax informed the exchange that it received an assessment order passed by the Joint Commissioner Central GST Pune I on November 4, 2026. The order levied a penalty of \u20b953.47 lakhs related to delayed reporting of tax invoices for supplies made during fiscal year 2022-23. The company stated it will file an appeal challenging the demand in due course.<\/p>\n<p class=\"wt-copy\">Regulatory and tax demands create minor cash flow liabilities and require ongoing legal management.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Outcome of Board Meeting<\/div>\n<div class=\"wt-card-date\">5 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Thermax Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_05112026180056_SEIntimationBMOutcome.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Earnings \/ operating update<\/div>\n<div class=\"wt-card-date\">5 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Thermax Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_05112026180056_SEIntimationBMOutcome.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">61.98%<\/div>\n<div class=\"wt-note\">61.98% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">11.31%<\/div>\n<div class=\"wt-note\">11.46% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">26.25%<\/div>\n<div class=\"wt-note\">26.68% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1738963_15102026043101_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mutual funds held 12.33% on 30 September 2026. This compares with 12.86% on 30 June 2026, a change of -0.53 percentage points.<\/p>\n<p class=\"wt-copy\">The filing reported 30 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">SBI NIFTY MIDCAP 150 MOMENTUM 50 ETF<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">61.38 lakh shares \u00b7 5.15%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">KOTAK MAHINDRA TRUSTEE CO LTD A\/C KOTAK NIFTY MIDC<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">22.78 lakh shares \u00b7 1.91%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">SUNDARAM MUTUAL FUND A\/C SUNDARAM FLEXI CAP FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">18.03 lakh shares \u00b7 1.51%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1738963_15102026043101_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>Research &amp; Brokerage Views<\/h2>\n<div class=\"wt-grid wt-grid-brokerage\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Kotak<\/div>\n<div class=\"wt-card-date\">9 October 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-broker-facts\"><span><span class=\"wt-label\">Rating<\/span><strong>Buy<\/strong><\/span><\/div>\n<p class=\"wt-copy\">Kotak Securities upgraded Thermax to a &#x27;Buy&#x27; rating following strategic developments in its clean energy segment and broader business outlook.<\/p>\n<div class=\"wt-note wt-source-note\">Attributed brokerage opinion; not a WittyTrades recommendation.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Execution progress and order backlog conversion in Industrial Infra and Industrial Products<\/li>\n<li>Developments regarding the strategic growth partner evaluation for First Energy Private Limited<\/li>\n<li>Resolution or appeal updates regarding the Central GST assessment order penalty<\/li>\n<li>Volume and delivery trends around the 52-week low level of \u20b92,666.60<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/thermax\/\">More Thermax news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Thermax company news?<\/h3>\n<p class=\"wt-copy\">Thermax Limited submitted its standalone and consolidated financial results for the period ended September 30, 2026. Quarterly profitability was impacted in the industrial product segment due to product mix and higher input costs, further affected by a \u20b915 crore impairment provision in a hybrid renewable energy project within the green solutions segment. Meanwhile, operating revenue for the consolidated entity stood at \u20b92,755.87 crore.<\/p>\n<h3>How strong was Thermax\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">28.96 lakh shares traded, 17.28 times the 20-day average daily volume. The price and volume data are dated 6 November 2026 \u00b7 03:30 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@graph\": [{\"@type\": \"WebSite\", \"@id\": \"https:\/\/www.wittytrades.com\/#website\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"name\": \"WittyTrades\", \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"inLanguage\": \"en-IN\"}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#organization\", \"name\": \"WittyTrades\", \"alternateName\": \"Witty Networks\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"telephone\": \"+91-22-48972020\", \"identifier\": [{\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}, {\"@type\": \"PropertyValue\", \"propertyID\": \"BSE Research Analyst Code\", \"value\": \"5430\"}]}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"parentOrganization\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}}, {\"@type\": \"Person\", \"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"worksFor\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}}, {\"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-06\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-06\/\"}, \"headline\": \"Thermax Share Price Today: Falls 16.53% in 2 Trading Sessions | 6 November 2026\", \"description\": \"Thermax has fallen 16.53% over 2 trading sessions. Today it is 17.27% lower at \u20b92,746.30. See price context, volume and key company developments.\", \"datePublished\": \"2026-11-06T17:57:19.786936+05:30\", \"dateModified\": \"2026-11-06T17:57:19.786936+05:30\", \"author\": {\"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\"}, \"reviewedBy\": {\"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\"}, \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"isPartOf\": {\"@id\": \"https:\/\/www.wittytrades.com\/#website\"}, \"about\": {\"@type\": \"Thing\", \"name\": \"Thermax\", \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"NSE Symbol\", \"value\": \"THERMAX\"}}, \"inLanguage\": \"en-IN\", \"isAccessibleForFree\": true, \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/11\/thermax-company-news-2026-11-06.jpg\"]}]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"Outcome of Board Meeting\",\"summary\":\"Thermax Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"source\":\"NSE\",\"published\":\"05-Nov-2026 18:02:05\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_05112026180056_SEIntimationBMOutcome.pdf\"},{\"title\":\"Action(s) taken or orders passed\",\"summary\":\"Action(s) taken or orders passed\",\"source\":\"NSE\",\"published\":\"05-Nov-2026 15:27:12\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_05112026152702_SEIntimationGSTPenalty_Nov2026.pdf\"}],\"recent_news\":[{\"summary\":\"Thermax Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"05-Nov-2026 18:02:05\",\"source\":\"NSE filing\",\"industry\":\"Electrical Equipment\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_05112026180056_SEIntimationBMOutcome.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"Action(s) taken or orders passed.\",\"category\":\"Action(s) taken or orders passed\",\"date\":\"05-Nov-2026 15:27:12\",\"source\":\"NSE filing\",\"industry\":\"Electrical Equipment\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_05112026152702_SEIntimationGSTPenalty_Nov2026.pdf\",\"headline\":\"Order \/ business win\",\"impact\":\"A material order can improve revenue visibility and capacity utilisation. The eventual earnings impact depends on execution timelines and project margins.\",\"importance_score\":5,\"completeness_score\":3},{\"summary\":\"Thermax Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"30-Jul-2026 16:08:59\",\"source\":\"NSE filing\",\"industry\":\"Electrical Equipment\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_30072026160731_SEIntimationOutcomesigned.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"The exchange sought clarification from the company regarding a recent media report. Such a request is a verification step and does not by itself confirm the reported issue.\",\"category\":\"Updates\",\"date\":\"09-Oct-2026 17:19:06\",\"source\":\"NSE filing\",\"industry\":\"Electrical Equipment\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_09102026171828_SEIntimationclarificationFEPL.pdf\",\"headline\":\"Exchange clarification on media report\",\"impact\":\"This can influence near-term sentiment while investors wait for the company's response, but it becomes materially important only if the company confirms a financial or operational impact.\",\"importance_score\":4,\"completeness_score\":3}],\"shareholding_snapshot\":{\"promoter_pct\":61.98,\"public_pct\":32.57,\"fii_pct\":11.31,\"dii_pct\":14.94,\"mf_pct\":12.33,\"institutional_pct\":26.25,\"noninst_pct\":6.32,\"mf_scheme_count\":30,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"SBI NIFTY MIDCAP 150 MOMENTUM 50 ETF\",\"shares\":6138398,\"pct\":5.15},{\"name\":\"KOTAK MAHINDRA TRUSTEE CO LTD A\/C KOTAK NIFTY MIDC\",\"shares\":2278311,\"pct\":1.91},{\"name\":\"SUNDARAM MUTUAL FUND A\/C SUNDARAM FLEXI CAP FUND\",\"shares\":1803126,\"pct\":1.51}],\"period\":\"30-SEP-2026\",\"submission_date\":\"15-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1738963_15102026043101_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":61.98,\"previous_fii_pct\":11.46,\"previous_dii_pct\":15.22,\"previous_mf_pct\":12.86,\"previous_institutional_pct\":26.68,\"previous_mf_scheme_count\":29,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null},\"brokerage_views\":[{\"brokerage\":\"Kotak\",\"rating\":\"Buy\",\"target\":null,\"view_summary\":\"Thermax Share Price Jumps Over 6% After Kotak Securities Upgrades It To 'Buy' NDTV Profit\",\"headline\":\"Thermax Share Price Jumps Over 6% After Kotak Securities Upgrades It To 'Buy'\",\"published\":\"2026-10-09T07:00:00+00:00\",\"source\":\"NDTV Profit\"}]} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thermax has fallen 16.53% over 2 trading sessions. Today it is 17.27% lower at \u20b92,746.30. See price context, volume and key company developments.<\/p>\n","protected":false},"author":1,"featured_media":11080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Thermax Share Price Today: Falls 16.53% in 2 Trading Sessions | 6 November 2026","_witty_meta_description":"Thermax has fallen 16.53% over 2 trading sessions. Today it is 17.27% lower at \u20b92,746.30. 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