Forecast

Thermax Share Price Target 2023, 2025, 2027, 2030 to 2050 Prediction

HP Jinjholiya

24 August 2024

Thermax Share Price Target for 2023 to 2050 is based on the company’s growth prospects:— Thermax Limited is an Indian energy and environment solutions company that provides a wide range of products and services in the areas of heating, cooling, power, water, and waste management.

In this blog post, we will take a closer look at Thermax share price target with a comprehensive overview of the company’s stock price. So, whether you are a long-time shareholder or are considering investing in Thermax for the first time, we will also provide an analysis of Thermax performance and the outlook for its future growth.

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Thermax Share Price Today

Thermax Overview

Thermax Limited is a leading engineering solutions company based in India, with a presence in over 75 countries. The company offers a range of energy-efficient and eco-friendly products and services to various industries, including power, chemicals, petrochemicals, pharmaceuticals, and food processing.

Founded in 1966 by the late Mr. Rohinton Aga, Thermax started as a small boiler-making company in Pune, India. Over the years, the company diversified into various areas, including heating, cooling, water treatment, waste management, and renewable energy. Today, Thermax is a global player in the energy and environment sectors.

The company is headquartered in Pune, India, and has a network of manufacturing facilities, R&D centers, and sales offices across the world. Its products range from boilers, heaters, chillers, and absorption cooling systems to water treatment and recycling solutions, air pollution control equipment, and solar thermal systems.

Thermax’s services include engineering, procurement, and construction (EPC) of turnkey projects, operations and maintenance (O&M) services, and consulting services for energy and environment management. The company’s focus on sustainability and energy conservation has earned it several awards and recognitions, including the National Energy Conservation Award, the Frost & Sullivan Green Excellence Award, and the CII-ITC Sustainability Award.

Thermax Limited is listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). Its website URL is https://www.thermaxglobal.com/.

Thermax Share Price Target

One way to check the Thermax share price target/forecast is to look at the research reports and analysis provided by financial institutions and brokerage firms. These firms often provide detailed reports on the company’s financials and future outlook, along with recommendations and target prices.

As an investor, you may be wondering what the future holds for Thermax and its share price. we’ll take a look at the current state of Thermax and try to predict what is Thermax share price target for 2023, 2025, 2027, 2030, 2035, 2040, and 2050 is based on the company’s growth prospects:—

Thermax Share Price Target 2023?

Based on our analysis, we predict a minimum target of INR 2600 and a maximum target of INR 2900 for Thermax’s share price in 2023. This prediction is based on the company’s strong financial performance, strategic acquisitions, and focus on sustainability.

Thermax Share Price Target 2024?

For 2024, we predict a minimum target of INR 2900 and a maximum target of INR 3200 for Thermax’s share price. This prediction is based on the expected growth in the power and energy sectors, which are key markets for Thermax’s products and services.

Thermax Share Price Target 2025?

In 2025, we predict a minimum target of INR 3200 and a maximum target of INR 3500 for Thermax’s share price. This prediction is based on the company’s expansion plans in international markets, which could increase its revenue and profitability.

Thermax Share Price Target 2026?

For 2026, we predict a minimum target of INR 3500 and a maximum target of INR 3800 for Thermax’s share price. This prediction is based on the growing demand for renewable energy solutions, which is a key area of focus for Thermax.

Thermax Share Price Target 2027?

In 2027, we predict a minimum target of INR 3800 and a maximum target of INR 4100 for Thermax’s share price. This prediction is based on the company’s strong market position, innovative product portfolio, and ongoing investments in research and development.

Thermax Share Price Target 2030?

For 2030, we predict a minimum target of INR 4500 and a maximum target of INR 5000 for Thermax’s share price. This prediction is based on the expected growth in the global energy market, which could drive demand for Thermax’s products and services.

Thermax Share Price Target 2040?

Looking further ahead, we predict a minimum target of INR 8000 and a maximum target of INR 10,000 for Thermax’s share price in 2040. This prediction is based on the company’s long-term growth potential, strong financial position, and strategic initiatives to expand its business globally.

Thermax Share Price Target 2050?

Finally, for 2050, we predict a minimum target of INR 15,000 and a maximum target of INR 20,000 for Thermax’s share price. This prediction is based on the continued growth in the global energy market, Thermax’s position as a leading provider of sustainable solutions, and the company’s ability to adapt to changing market conditions.

Thermax Share Price History

That these share price targets for “Thermax” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Thermax stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions.