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Thermax has acquired the entire stake in Thermax SPX Energy Technologies (TSPX) held by the joint venture partners namely Mutares Holding-24 AG, Germany and Balcukederr GmbH, Germany. Subsequent to the acquisition TSPX has now become a wholly owned subsidiary of the company.

Thermax is a leading energy and environment solutions provider is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals.

Thermax Share Price

4393.85 -270.90 (-5.81%)
14-Jul-2026 13:53 View Price Chart
Peers
Company Name CMP
Bharat Heavy Elect. 403.10
Thermax 4393.85
Kirloskar Oil Engine 2371.05
Skipper 550.50
GMM Pfaudler 782.45
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: