{"id":11747,"date":"2026-11-11T10:23:34","date_gmt":"2026-11-11T04:53:34","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-11\/"},"modified":"2026-11-11T11:14:52","modified_gmt":"2026-11-11T05:44:52","slug":"thermax-share-price-today-2026-11-11","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-11\/","title":{"rendered":"Thermax Share Price Today: Falls 15.55% in 3 Trading Sessions | 11 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 11 November 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b92,803.40<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>+0.63%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b92,822.00 \/ \u20b92,771.90<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b92,785.90<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>96,434<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>11 November 2026 \u00b7 10:30 AM 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 15.55% over 3 trading sessions; today&#x27;s move is +0.63%.<\/li>\n<li>Thermax reported its consolidated financial results for the quarter ended September 30, 2026, posting revenue from operations of \u20b92,755.87 crore and a net profit after tax of \u20b9113.11 crore. Management highlighted improved execution in industrial products and infrastructure segments, alongside a \u20b915 crore impairment provision in a hybrid renewable energy project.<\/li>\n<li>Trading volume was 0.32 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Thermax share price: 15.55% decline over 3 trading sessions<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Thermax Ltd. (THERMAX) traded up 0.63% at \u20b92,803.40, moving within a day&#x27;s range of \u20b92,771.90 and \u20b92,822.00 after opening at \u20b92,792.00.<\/p>\n<p class=\"wt-copy\">The broader market benchmark Nifty rose 1.23% during the same trading day. Thermax&#x27;s modest gain reflects stabilization following a sharp pullback, with the stock down 11.04% over the past 5 trading days and 15.27% over the past 20 trading days.<\/p>\n<p class=\"wt-copy\">Recent developments include the company&#x27;s Q2 FY 2027 financial results reporting consolidated revenue of \u20b92,755.87 crore and profit after tax of \u20b9113.11 crore, alongside recent brokerage reviews from JPMorgan and Kotak. While these fundamental updates provide operational context, today&#x27;s price action appears primarily driven by consolidation following recent sectoral volatility rather than a single same-day catalyst.<\/p>\n<p class=\"wt-copy\">96,434 shares traded by 11 November 2026 \u00b7 10:30 AM IST. This compares with a 20-day average daily volume of 3.00 lakh shares (0.32 times). The five-day average daily volume was 7.83 lakh shares. Separately, the NSE report for 9 November 2026 showed 1.66 lakh shares delivered, representing 41.50% of that day\u2019s traded volume. The same report recorded 41,710 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>stabilization following recent correction<\/strong><\/p>\n<p class=\"wt-copy\">Thermax shares advanced 0.63% on moderate volume (32% of the 20-day average) as the stock attempted to stabilize following a notable multi-session pullback. No confirmed single catalyst occurred today, making the move appear consistent with broader technical consolidation.<\/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 FY 2027 Financial Results<\/div>\n<div class=\"wt-card-date\">5 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Thermax reported its consolidated financial results for the quarter ended September 30, 2026, posting revenue from operations of \u20b92,755.87 crore and a net profit after tax of \u20b9113.11 crore. Management highlighted improved execution in industrial products and infrastructure segments, alongside a \u20b915 crore impairment provision in a hybrid renewable energy project.<\/p>\n<p class=\"wt-copy\">Quarterly earnings figures provide critical baseline metrics for evaluating the company&#x27;s top-line execution and margin pressures against market expectations.<\/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\">Cessation of Lead Independent Director<\/div>\n<div class=\"wt-card-date\">9 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mr. Harsh Mariwala ceased to be the Non-Executive, Lead Independent Director of the company upon the completion of his second term of 5 years at the close of business hours on November 9, 2026. The board placed on record its appreciation for his contributions during his association.<\/p>\n<p class=\"wt-copy\">Board and management changes matter for corporate governance and continuity, although they do not directly dictate day-to-day share price movements.<\/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\">Central GST Assessment Order Received<\/div>\n<div class=\"wt-card-date\">5 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">The company received an assessment order from the Joint Commissioner Central GST Pune-I on November 4, 2026, levying a penalty of \u20b953.47 lakhs for delayed reporting of tax invoices for supplies made during FY 2022-23. Thermax stated it will file an appeal challenging the demand in due course.<\/p>\n<p class=\"wt-copy\">Regulatory and tax penalties create minor financial outlays, but the company intends to challenge the assessment through formal legal channels.<\/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\">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 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\">Exchange clarification on media report<\/div>\n<div class=\"wt-card-date\">9 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">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.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_09102026171828_SEIntimationclarificationFEPL.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\">JPMorgan<\/div>\n<div class=\"wt-card-date\">9 November 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\">Upgraded Thermax to Overweight following the company&#x27;s Q2 review and operational updates.<\/p>\n<div class=\"wt-note wt-source-note\">Attributed brokerage opinion; not a WittyTrades recommendation.<\/div>\n<\/div>\n<\/div>\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\">Maintained a positive stance and Buy rating following prior quarterly developments and demand 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 on the reported \u20b914,250 crore order balance across industrial infra and energy segments<\/li>\n<li>Subsequent regulatory filings regarding the Central GST assessment penalty appeal<\/li>\n<li>Volume participation relative to the 20-day average during upcoming sessions<\/li>\n<li>Management commentary regarding raw material cost volatility and supply chain pressures<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-09\/\">Thermax Share Price Today: Falls 16.44% in 2 Trading Sessions | 9 November 2026 \u2014 9 November 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-06\/\">Thermax Share Price Today: Falls 16.53% in 2 Trading Sessions | 6 November 2026 \u2014 6 November 2026<\/a><\/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 reported its consolidated financial results for the quarter ended September 30, 2026, posting revenue from operations of \u20b92,755.87 crore and a net profit after tax of \u20b9113.11 crore. Management highlighted improved execution in industrial products and infrastructure segments, alongside a \u20b915 crore impairment provision in a hybrid renewable energy project.<\/p>\n<h3>How strong was Thermax\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">96,434 shares traded, 0.32 times the 20-day average daily volume. The price and volume data are dated 11 November 2026 \u00b7 10:30 AM 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-2026-11-11\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-11\/\"}, \"headline\": \"Thermax Share Price Today: Falls 15.55% in 3 Trading Sessions | 11 November 2026\", \"description\": \"Thermax has fallen 15.55% over 3 trading sessions. Today it is 0.63% higher at \u20b92,803.40. See price context, volume and key company developments.\", \"datePublished\": \"2026-11-11T04:53:34Z\", \"dateModified\": \"2026-11-11T11:14:44.536708+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-2026-11-11.jpg\"]}]}<\/script><!-- wt-article-record:{\"news_events\":[{\"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\":\"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},{\"summary\":\"Cessation of Mr Harsh Mariwala as Non- Executive Independent Director of the company effective. November 09, 2026.\",\"category\":\"Cessation\",\"date\":\"09-Nov-2026 18:38:36\",\"source\":\"NSE filing\",\"industry\":\"Electrical Equipment\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_09112026183820_SEIntimation_HCM_Cessation.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":5}],\"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\":\"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},{\"summary\":\"Cessation of Mr Harsh Mariwala as Non- Executive Independent Director of the company effective. November 09, 2026.\",\"category\":\"Cessation\",\"date\":\"09-Nov-2026 18:38:36\",\"source\":\"NSE filing\",\"industry\":\"Electrical Equipment\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_09112026183820_SEIntimation_HCM_Cessation.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":5}],\"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\":\"JPMorgan\",\"rating\":\"Buy\",\"target\":null,\"view_summary\":\"Thermax Q2 Review Review: JPMorgan Upgrades To Overweight, Kotak, UBS Maintain Buy | Check Target Prices NDTV Profit\",\"headline\":\"Thermax Q2 Review Review: JPMorgan Upgrades To Overweight, Kotak, UBS Maintain Buy | Check Target Prices\",\"published\":\"2026-11-09T03:34:09+00:00\",\"source\":\"NDTV Profit\"},{\"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 15.55% over 3 trading sessions. Today it is 0.63% higher at \u20b92,803.40. See price context, volume and key company developments.<\/p>\n","protected":false},"author":1,"featured_media":11746,"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 15.55% in 3 Trading Sessions | 11 November 2026","_witty_meta_description":"Thermax has fallen 15.55% over 3 trading sessions. Today it is 0.63% higher at \u20b92,803.40. See price context, volume and key company developments.","_witty_primary_phrase":"Thermax share price today","_witty_reason_label":"stabilization following recent correction","_witty_reason_confidence":"low","footnotes":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","_yoast_wpseo_focuskw":"","rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","_aioseop_title":"","_aioseop_description":""},"categories":[3,4],"tags":[438],"class_list":["post-11747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-movers","category-stocks-in-news","tag-thermax"],"_links":{"self":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/11747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/comments?post=11747"}],"version-history":[{"count":2,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/11747\/revisions"}],"predecessor-version":[{"id":11836,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/11747\/revisions\/11836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/media\/11746"}],"wp:attachment":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/media?parent=11747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/categories?post=11747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/tags?post=11747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}