Thermax Ltd. · Q4FY25
Result on 9 May 2025, first traded on 12 May 2025; judged on 15 Sep 2026. The last read before it, on 3 May 2025 (6 days ahead), called it weak, rank 124 of 148 reporting; the share then beat the market over ten sessions. The company's page →
read wrongverdict
weakthe read
+3.4%vs market, 10 sessions
+2.5%T+1
1 · What the read said
morning of 3 May- Read
- weak — rank 124 of 148 reporting that week
- Composite
- 29.2 out of 100
- Evidence
- partial · 9 results on record
- Expected move
- ±5.0% on the day — its average absolute move on results
- Habit
- continuation — the day-one move usually carries on over the following sessions
- Close that morning
- ₹3,241.20
Reactivity · 30%
70
Momentum · 20%
10
vs market · 30%
15
vs sector · 20%
9
Each layer is a percentile among that week's reporters (0–100). A missing layer's weight is spread over the others.
Composite = 0.30 × 69.9 + 0.20 × 9.8 + 0.30 × 15.0 + 0.20 × 8.9 = 29.2
2 · What the result was
from the filing's XBRLNo reported figures on file for this quarter, so the result itself could not be graded — only the share's reaction was.
3 · What the share did
thirty sessions in, the result day, ten out · from the close before the resultsession closed upsession closed downNIFTY 50 (market)run-up into the result
Close before₹3,239.10the base every move below is measured from
T+1+2.5%less than 60% of its usual result-day move
T+10+7.5%market +4.1% · sector +7.6%
vs market+3.4%vs sector -0.1%
Best close after+11.0%traded as high as +12.1% on 22 May
Worst close after+1.9%traded as low as -0.2% on 12 May
Run-up, 30 sessions-7.4%into the result
52-week range43% below high8% above low
- Delivery share
- +3.7 points in the fortnight before, against the month before that
- Volume
- 0.49× its prior month, in the fortnight before
- Habit held
- continuation — did not hold this quarter
- Announced
- Mon, timing unknown
- Peers reporting
- 6 sector peers reported the same week
4 · Why it went this way
- The market itself moved +4.1% over the same ten sessions; the raw move is mostly tide.
- Its sector moved +7.6% over the window.
- No reported figures on file for this quarter, so the result itself could not be judged.
- Its usual continuation pattern did not hold this quarter.
- 6 sector peers reported the same week; the sector read may already have been set.
A strong or favourable read is right when the share beat the market by more than 2% over ten sessions; weak or unfavourable when it lagged by more. Inside ±2% is flat. Neutral reads make no call.
5 · Every morning's read before it
1 mornings| Morning | Days ahead | Read | Rank | Comp. | L1 | L2 | L3 | L4 | Close | Note |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 May judged simulated | 6 | weak | 124/148 | 29.2 | 70 | 10 | 15 | 9 | ₹3,241.20 |
A read is made each morning the company is due within seven days. The highlighted morning is the last one before the result — the read this post-mortem judges. Excluded mornings show why the name dropped out that day.
6 · Every session in the window
the last stop · each close, and where it stood against the close before the result| Session | Date | Open | High | Low | Close | Day | From base | NIFTY 50 from base | NIFTY ENERGY from base |
|---|---|---|---|---|---|---|---|---|---|
| T-25 | 28 Mar | 3,776.75 | 3,776.75 | 3,626.00 | 3,654.10 | — | +12.81% | -2.04% | +0.70% |
| T-24 | 1 Apr | 3,635.00 | 3,638.50 | 3,532.25 | 3,550.00 | -2.85% | +9.60% | -3.51% | -0.15% |
| T-23 | 2 Apr | 3,524.00 | 3,634.35 | 3,505.05 | 3,548.25 | -0.05% | +9.54% | -2.81% | +0.38% |
| T-22 | 3 Apr | 3,548.25 | 3,599.00 | 3,518.00 | 3,549.65 | +0.04% | +9.59% | -3.16% | +0.67% |
| T-21 | 4 Apr | 3,550.00 | 3,588.00 | 3,450.00 | 3,546.20 | -0.10% | +9.48% | -4.60% | -3.09% |
| T-20 | 7 Apr | 3,011.95 | 3,353.95 | 3,011.95 | 3,253.50 | -8.25% | +0.44% | -7.69% | -5.77% |
| T-19 | 8 Apr | 3,293.00 | 3,365.95 | 3,202.20 | 3,221.95 | -0.97% | -0.53% | -6.13% | -4.41% |
| T-18 | 9 Apr | 3,242.85 | 3,242.85 | 3,052.05 | 3,072.40 | -4.64% | -5.15% | -6.70% | -5.34% |
| T-17 | 11 Apr | 3,192.50 | 3,192.50 | 3,076.00 | 3,085.45 | +0.42% | -4.74% | -4.91% | -2.78% |
| T-16 | 15 Apr | 3,179.20 | 3,261.90 | 3,112.90 | 3,245.60 | +5.19% | +0.20% | -2.83% | -0.69% |
| T-15 | 16 Apr | 3,240.00 | 3,406.00 | 3,221.50 | 3,366.40 | +3.72% | +3.93% | -2.38% | +0.36% |
| T-14 | 17 Apr | 3,335.00 | 3,412.60 | 3,311.50 | 3,394.40 | +0.83% | +4.79% | -0.65% | +1.38% |
| T-13 | 21 Apr | 3,438.90 | 3,450.80 | 3,385.00 | 3,421.60 | +0.80% | +5.63% | +0.49% | +3.91% |
| T-12 | 22 Apr | 3,421.60 | 3,481.00 | 3,421.00 | 3,448.90 | +0.80% | +6.48% | +0.66% | +3.54% |
| T-11 | 23 Apr | 3,470.00 | 3,481.00 | 3,402.00 | 3,449.60 | +0.02% | +6.50% | +1.34% | +4.25% |
| T-10 | 24 Apr | 3,497.00 | 3,728.50 | 3,497.00 | 3,636.20 | +5.41% | +12.26% | +0.99% | +4.17% |
| T-9 | 25 Apr | 3,628.80 | 3,628.80 | 3,410.10 | 3,444.00 | -5.29% | +6.33% | +0.13% | +1.86% |
| T-8 | 28 Apr | 3,444.00 | 3,524.00 | 3,394.30 | 3,410.70 | -0.97% | +5.30% | +1.33% | +3.60% |
| T-7 | 29 Apr | 3,438.00 | 3,438.00 | 3,328.00 | 3,346.40 | -1.89% | +3.31% | +1.37% | +3.30% |
| T-6 | 30 Apr | 3,346.50 | 3,394.80 | 3,221.00 | 3,291.30 | -1.65% | +1.61% | +1.36% | +2.71% |
| T-5 | 2 May | 3,284.90 | 3,305.00 | 3,230.00 | 3,241.20 | -1.52% | +0.06% | +1.41% | +2.40% |
| T-4 | 5 May | 3,261.30 | 3,271.30 | 3,228.10 | 3,249.70 | +0.26% | +0.33% | +1.89% | +3.74% |
| T-3 | 6 May | 3,255.10 | 3,298.40 | 3,186.00 | 3,219.40 | -0.93% | -0.61% | +1.55% | +1.30% |
| T-2 | 7 May | 3,181.00 | 3,250.00 | 3,144.60 | 3,243.10 | +0.74% | +0.12% | +1.69% | +2.13% |
| T-1 | 8 May | 3,274.00 | 3,274.00 | 3,140.00 | 3,156.10 | -2.68% | -2.56% | +1.11% | +0.59% |
| base | 9 May | 3,103.70 | 3,252.00 | 3,085.70 | 3,239.10 | +2.63% | +0.00% | +0.00% | +0.00% |
| T+1 | 12 May result | 3,402.50 | 3,405.10 | 3,232.10 | 3,299.30 | +1.86% | +1.86% | +3.82% | +4.19% |
| T+2 | 13 May | 3,309.80 | 3,400.00 | 3,289.80 | 3,320.80 | +0.65% | +2.52% | +2.38% | +3.63% |
| T+3 | 14 May | 3,350.00 | 3,428.00 | 3,332.90 | 3,405.10 | +2.54% | +5.12% | +2.74% | +5.11% |
| T+4 | 15 May | 3,415.00 | 3,489.70 | 3,405.10 | 3,429.80 | +0.73% | +5.89% | +4.39% | +6.07% |
| T+5 | 16 May | 3,429.80 | 3,465.00 | 3,414.90 | 3,426.60 | -0.09% | +5.79% | +4.21% | +6.98% |
| T+6 | 19 May | 3,450.00 | 3,605.40 | 3,443.90 | 3,512.90 | +2.52% | +8.45% | +3.90% | +7.06% |
| T+7 | 20 May | 3,554.60 | 3,578.80 | 3,488.00 | 3,501.80 | -0.32% | +8.11% | +2.82% | +6.29% |
| T+8 | 21 May | 3,518.80 | 3,574.00 | 3,502.30 | 3,542.80 | +1.17% | +9.38% | +3.35% | +6.93% |
| T+9 | 22 May | 3,560.00 | 3,631.30 | 3,529.00 | 3,597.00 | +1.53% | +11.05% | +2.51% | +6.06% |
| T+10 | 23 May | 3,618.00 | 3,618.00 | 3,531.10 | 3,548.00 | -1.36% | +9.54% | +3.52% | +6.90% |
| T+11 | 26 May | 3,564.80 | 3,564.80 | 3,471.00 | 3,483.20 | -1.83% | +7.54% | +4.14% | +7.63% |
Prices are end-of-day from the exchange, adjusted for corporate actions. "From base" is the move from the close before the result — the same base every number on this page uses. Sessions before the base are the run-up.