NSE: THERMAX, Capital Goods
THERMAX Thermax
Held by 8 of 18 RupeeCase index algos on their latest published lists. Record to 3 Jul 2026.
- Held by
- 8of 18 index algos, latest lists
- Ever held by
- 8index algos since May 2021
- First on a list
- 14 May 2021Midcap
- Record to
- 3 Jul 2026last list naming it
- On the latest published list
- Held earlier in the record
Model, back tested rebalance record of the 18 RupeeCase index algos, published lists May 2021 to 3 Jul 2026. Tickers are not recommendations. No price data on this page.
01Holders
8 index algos name THERMAX on their latest list.
Each card is one published list with its date. Lists are equal weighted at the stock level; multi asset lists carry ETF sleeves beside the equity names.
- Energy Basket11 May 20261 of 10 names on the list, about 10% at equal weight.CNX Energy, rebalanced every weekRebalance of 11 May 2026
- Midcap11 May 20261 of 20 names on the list, about 5% at equal weight.Nifty Midcap 150, rebalanced every 2 weeksRebalance of 11 May 2026
- Large Midcap11 May 20261 of 40 names on the list, about 2.5% at equal weight.Nifty LargeMidCap 250, rebalanced every 2 weeksRebalance of 11 May 2026
- Allcap3 Jul 20261 of 60 names on the list, about 1.7% at equal weight.Nifty Total Market (max 5000), rebalanced every 2 weeksRebalance of 3 Jul 2026
- Allcap Multi Asset8 May 20261 of 48 names on the list; the equity sleeve is equal weighted, ETF sleeves sit beside it.Nifty Total Market (max 5000), rebalanced every 2 weeksRebalance of 8 May 2026
- Large Mid Hybrid8 May 20261 of 41 names on the list; the equity sleeve is equal weighted, ETF sleeves sit beside it.Nifty LargeMidCap 250, rebalanced every 2 weeksRebalance of 8 May 2026
- Large Mid Multi Asset8 May 20261 of 42 names on the list; the equity sleeve is equal weighted, ETF sleeves sit beside it.Nifty LargeMidCap 250, rebalanced every 2 weeksRebalance of 8 May 2026
- TotalMarket Hybrid8 May 20261 of 47 names on the list; the equity sleeve is equal weighted, ETF sleeves sit beside it.Nifty Total Market (max 5000), rebalanced every 2 weeksRebalance of 8 May 2026
02On and off the list
67 moves across the lineup.
Every entry and exit of THERMAX in the published record, newest first. Each row links to that rebalance in the index algo's history.
- AllcapIn
- Allcap Multi AssetIn
- TotalMarket HybridIn
- Energy BasketIn
- Large Mid HybridIn
- Large MidcapIn
- Large Mid Multi AssetIn
- MidcapIn
- Energy BasketOut
- Energy BasketIn
- Energy BasketOut
- Energy BasketIn
- Energy BasketOut
- Energy BasketIn
- Energy BasketOut
- Large Mid HybridOut
- Large MidcapOut
- Large Mid Multi AssetOut
- MidcapOut
- AllcapOut
- Allcap Multi AssetOut
- TotalMarket HybridOut
- AllcapIn
- Allcap Multi AssetIn
43 earlier moves are in the rebalance histories linked above.
03Sector and industry
Capital Goods on NSE.
NSE's four level industry classification, as published on 9 Oct 2026.
- NSE macro sector
- Industrials
- NSE sector
- Capital Goods
- Industry
- Electrical Equipment
- Basic industry
- Heavy Electrical Equipment
- NSE index
- Nifty 500
04Questions
THERMAX, in plain words
Which RupeeCase index algos hold THERMAX?
On the latest published lists (record to 3 jul 2026), THERMAX is on 8 lists: Allcap, Allcap Multi Asset, TotalMarket Hybrid, Midcap, Large Mid Multi Asset, Large Midcap, Large Mid Hybrid, Energy Basket. Each list is equal weighted at the stock level, so the weight is one divided by the number of names on that list.
What is a quantitative index algo?
A fixed, published rule that screens an NSE universe (momentum and risk measures), takes the top names at equal weight and rebalances on a set schedule. RupeeCase publishes every list on every rebalance date; the index investing page explains the method and the strategies hub lists all 18.
Do I own THERMAX shares if I invest through RupeeCase?
Yes. Trades go through your own broker and the shares sit in your own demat account; RupeeCase never holds money or securities. The fee is 0.2% of the value traded at each rebalance, nothing else. Figures on this page are the model, back tested record, not a price feed and not advice.
Explore next
Where this name sits in the record.
- Same sectorTITAGARH, TITAGARH RAIL SYSTEMSOn 1 of 18 latest lists
- StocksEvery stock in the index algosWhich lists named each NSE name, and when
- Holds THERMAXAllcap Multi Asset strategyNifty Total Market, 52 stocks, every 2 weeks
- Holds THERMAXAllcap strategyNifty Total Market, 50 stocks, every 2 weeks
- SectorCapital Goods stocksNSE sector across the 18 index algos
- Same industryBHEL, Bharat Heavy ElectricalsOn 9 of 18 latest lists
Hold THERMAX the way the algo does.
Energy Basket rebalances on a published schedule; you approve each rebalance in your own broker account and pay 0.2% of the value traded, nothing else.
Model, back tested rebalance record of the 18 RupeeCase index algos, published lists May 2021 to 3 Jul 2026. Tickers are not recommendations. No price data on this page.