{"id":12210,"date":"2026-11-13T17:47:59","date_gmt":"2026-11-13T12:17:59","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-13\/"},"modified":"2026-11-13T17:48:01","modified_gmt":"2026-11-13T12:18:01","slug":"thermax-share-price-today-2026-11-13","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-13\/","title":{"rendered":"Thermax Share Price Today: Falls 16.37% in 5 Trading Sessions | 13 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 13 November 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b92,776.20<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>+1.98%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b92,785.00 \/ \u20b92,721.10<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b92,722.40<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>4.63 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>13 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 16.37% over 5 trading sessions; today&#x27;s move is +1.98%.<\/li>\n<li>Thermax Limited informed the exchanges that its Registrar and Share Transfer Agent (RTA), KFin Technologies Limited, is shifting its corporate office to a new location in Kokapet, Hyderabad, effective December 1, 2026. All future correspondence and documents for the RTA corporate office are required to be directed to the new address, while the registered office remains unchanged.<\/li>\n<li>Trading volume was 1.39 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Thermax share price: 16.37% decline over 5 trading sessions<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Thermax Ltd. (THERMAX) advanced 1.98% today, closing at \u20b92,776.20 after moving within a daily range of \u20b92,721.10 and \u20b92,85.00.<\/p>\n<p class=\"wt-copy\">The broader market exhibited weakness as the Nifty index fell 0.61%, highlighting a resilient performance by Thermax against the prevailing benchmark trend. However, the stock&#x27;s positive session comes on the back of sharp recent corrections, with trailing returns standing at -16.37% over the past 5 days and -16.21% over the past 20 days.<\/p>\n<p class=\"wt-copy\">The company&#x27;s recent operational developments include corporate updates such as the intimation regarding the shifting of its Registrar and Share Transfer Agent&#x27;s corporate office effective December 1, 2026, alongside ongoing execution of its large order backlog in industrial products and infrastructure. While no single major corporate announcement directly forced today&#x27;s upward tick, the price action appears consistent with a technical recovery following a prolonged downward phase.<\/p>\n<p class=\"wt-copy\">4.63 lakh shares traded by 13 November 2026 \u00b7 03:30 PM IST. This compares with a 20-day average daily volume of 3.33 lakh shares (1.39 times). The five-day average daily volume was 8.96 lakh shares. Separately, the NSE report for 13 November 2026 showed 2.70 lakh shares delivered, representing 58.46% of that day\u2019s traded volume. The same report recorded 30,985 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>technical rebound after recent weakness<\/strong><\/p>\n<p class=\"wt-copy\">The stock gained 1.98% on moderate delivery participation, recovering partially from recent sharp declines (-16.37% over the past 5 days) without a specific new operational catalyst on the session date.<\/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\">RTA Corporate Office Relocation Notice<\/div>\n<div class=\"wt-card-date\">13 November 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Thermax Limited informed the exchanges that its Registrar and Share Transfer Agent (RTA), KFin Technologies Limited, is shifting its corporate office to a new location in Kokapet, Hyderabad, effective December 1, 2026. All future correspondence and documents for the RTA corporate office are required to be directed to the new address, while the registered office remains unchanged.<\/p>\n<p class=\"wt-copy\">Ensures uninterrupted stakeholder communication and record-keeping continuity for share transfers and investor services.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/THERMAXNSE_13112026165615_SeintimationKFinCorporateofficeshifting.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\">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 five years at the close of business hours on November 9, 2026. The board and management recorded their deep appreciation for his long-standing contributions to governance and oversight.<\/p>\n<p class=\"wt-copy\">Marks a planned board-level transition following the completion of a statutory tenure limit for an independent director.<\/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\">Q2 FY2026-27 Financial Results &amp; Business Highlights<\/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 operating revenue of \u20b92,756 crore, up 11% year-on-year, driven by improved execution in Industrial Products and Industrial Infra. Quarterly profitability faced headwinds from product mix and a \u20b915 crore impairment provision in a hybrid renewable energy project, resulting in a profit after tax of \u20b9113 crore.<\/p>\n<p class=\"wt-copy\">Provides vital visibility into revenue growth from order backlog conversion alongside segment-specific margin pressures.<\/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 quarterly review and earnings evaluation.<\/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\">Upgraded the stock to a Buy rating following developments in industrial and clean energy segments.<\/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 \u20b914,250 crore order balance across industrial and infrastructure segments<\/li>\n<li>Delivery volume trends and sustenance above the 20-day average volume of 462,588 shares<\/li>\n<li>Management commentary regarding margin recovery in industrial products and green solution projects<\/li>\n<li>Sector performance relative to the Nifty benchmark after recent divergence<\/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-2026-11-12\/\">Thermax Share Price Today: Falls 16.89% in 5 Trading Sessions | 12 November 2026 \u2014 12 November 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-11\/\">Thermax Share Price Today: Falls 17.82% in 3 Trading Sessions | 11 November 2026 \u2014 11 November 2026<\/a><\/li>\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<\/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 informed the exchanges that its Registrar and Share Transfer Agent (RTA), KFin Technologies Limited, is shifting its corporate office to a new location in Kokapet, Hyderabad, effective December 1, 2026. All future correspondence and documents for the RTA corporate office are required to be directed to the new address, while the registered office remains unchanged.<\/p>\n<h3>How strong was Thermax\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">4.63 lakh shares traded, 1.39 times the 20-day average daily volume. The price and volume data are dated 13 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-2026-11-13\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/thermax-share-price-today-2026-11-13\/\"}, \"headline\": \"Thermax Share Price Today: Falls 16.37% in 5 Trading Sessions | 13 November 2026\", \"description\": \"Thermax has fallen 16.37% over 5 trading sessions. Today it is 1.98% higher at \u20b92,776.20. See price context, volume and key company developments.\", \"datePublished\": \"2026-11-13T17:47:48.697277+05:30\", \"dateModified\": \"2026-11-13T17:47:48.697277+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-2026-11-13.jpg\"]}]}<\/script><!-- wt-article-record:{\"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 16.37% over 5 trading sessions. Today it is 1.98% higher at \u20b92,776.20. See price context, volume and key company developments.<\/p>\n","protected":false},"author":1,"featured_media":12209,"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 16.37% in 5 Trading Sessions | 13 November 2026","_witty_meta_description":"Thermax has fallen 16.37% over 5 trading sessions. Today it is 1.98% higher at \u20b92,776.20. 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