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 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/.
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.
| DATE | AUTHOR | TARGET |
|---|---|---|
| 17 MAR 2023 | HDFC Securities | 2433.00 |
| 15 FEB 2023 | Geojit BNP Paribas | 1806.00 |
| 14 FEB 2023 | ICICI Securities Limited | 2568.00 |
| 14 FEB 2023 | Prabhudas Lilladhar | 2604.00 |
| 13 FEB 2023 | Sharekhan | 2790.00 |
| 13 FEB 2023 | ICICI Direct | 2375.00 |
| 06 DEC 2022 | ICICI Securities Limited | 2480.00 |
| 18 NOV 2022 | Geojit BNP Paribas | 1911.00 |
| 15 NOV 2022 | ICICI Securities Limited | 2480.00 |
| 14 NOV 2022 | Prabhudas Lilladhar | 2556.00 |
| 01 SEP 2022 | Geojit BNP Paribas | 2178.00 |
| 03 AUG 2022 | ICICI Direct | 2405.00 |
| 03 AUG 2022 | Prabhudas Lilladhar | 2190.00 |
| 23 MAY 2022 | Prabhudas Lilladhar | 2181.00 |
| 23 MAY 2022 | ICICI Direct | 2450.00 |
| 11 FEB 2022 | Geojit BNP Paribas | 1700.00 |
| 08 FEB 2022 | Prabhudas Lilladhar | 2158.00 |
| 07 FEB 2022 | Motilal Oswal | 1875.00 |
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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:—
| Years | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹2600 | ₹2900 |
| 2024 | ₹2900 | ₹3200 |
| 2025 | ₹3200 | ₹3500 |
| 2026 | ₹3500 | ₹3800 |
| 2027 | ₹3800 | ₹4100 |
| 2030 | ₹4500 | ₹5000 |
| 2040 | ₹8000 | ₹10,000 |
| 2050 | ₹15,000 | ₹20,000 |
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.
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.
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.
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.
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.
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.
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.
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.
— We’ll take a look at the current state of Thermax and try to predict share price targets for each year from 2023 to 2050.
— As of 19 March 2023, the current share price of Thermax Limited is INR 2,285 Rs. Check out the latest price of Thermax.
— To determine the Thermax share price target today or tomorrow We will also provide an analysis of Thermax performance and the outlook for its future growth.
— The last research report published by Motilal Oswal was on 7 FEB 2022, In this case, Motilal Oswal has set a target price of 1875 Rs. for Thermax stock.
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.
