Thermax Shares Surge to 52-Week High on Strong Q4 Performance

Shares of

td soared to a new 52-week high on Friday after the engineering major reported a 19% year-on-year jump in fourth-quarter net profit, comfortably beating street expectations. The company posted a Q4 net profit of ₹244 crore, driven by robust order execution and healthy demand across its energy and environment segments. Revenue growth remained steady, supported by strong industrial capex spending. The board recommended a final dividend of ₹14 per share and a special dividend of ₹6 per share, signalling confidence in future cash flows and rewarding shareholders. Analysts see the results as a positive indicator for Thermax’s growth momentum in the coming fiscal, especially amid rising focus on sustainability and energy efficiency solutions. The stock gained significantly in early trading, reflecting strong investor sentiment.