BEL vs THERMAX: Stock Comparison

Head-to-head financial and trading comparison between Bharat Electronics Limited (BEL) and Thermax Limited (THERMAX) in the Capital Goods & Infrastructure sector.

BEL

NSE: BEL
Bharat Electronics Limited
₹383.10
1Y Return: -13.41%
52W High: ₹462.75
52W Low: ₹382.90
Annual Volatility: 22.57%
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THERMAX

NSE: THERMAX
Thermax Limited
₹3,360.60
1Y Return: -7.75%
52W High: ₹5,159.50
52W Low: ₹3,291.00
Annual Volatility: 24.1%
Check THERMAX Trade Fees →

Key Metrics Comparison Table

MetricBELTHERMAXEdge / Winner
Current Market Price (CMP) ₹383.10 ₹3,360.60 —
1-Year Price Return -13.41% -7.75% THERMAX (5.66% higher)
52-Week High ₹462.75 ₹5,159.50 —
52-Week Low ₹382.90 ₹3,291.00 —
30-Day Annualized Volatility 22.57% 24.1% BEL (Steadier)
30-Day Average Daily Volume 9,861,810 139,473 BEL (Higher Liquidity)
Statutory Cost to Trade ₹1 Lakh ₹118.50 ₹118.50 Identical statutory tariff

Frequently Asked Questions

Between BEL and THERMAX, which stock gave better returns over the last year?

THERMAX has outperformed BEL over the past 12 months with a gain of -7.75% compared to -13.41%.

Which stock is less volatile: BEL or THERMAX?

BEL demonstrated lower price volatility (22.57% annualized) compared to THERMAX (24.1%). Lower volatility generally indicates steadier price action during market downturns.

What is the statutory cost to buy ₹1,00,000 of BEL vs THERMAX?

Statutory exchange and government charges (STT, NSE turnover fees, SEBI fee, Stamp duty, and GST) are identical for delivery purchases of equal rupee value across both stocks, totaling approximately ₹118.50 on discount brokers offering zero delivery brokerage (like Zerodha or Dhan).

Are BEL and THERMAX direct sector competitors?

Yes, both companies operate within the Capital Goods & Infrastructure sector in India and are actively tracked as sector peers by institutional and retail market participants.