Thermax gains on receiving order worth Rs 353 crore from RCF

Thermax Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 500411 | NSE: THERMAX

23 Feb 2016 Evaluate

Thermax is currently trading at Rs. 763.75, up by 4.85 points or 0.64% from its previous closing of Rs. 758.90 on the BSE.

The scrip opened at Rs. 765.00 and has touched a high and low of Rs. 765.00 and Rs. 758.20 respectively.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1315.00 on 11-Mar-2015 and a 52 week low of Rs. 732.30 on 17-Feb-2016.

Last one week high and low of the scrip stood at Rs. 826.65 and Rs. 732.30 respectively. The current market cap of the company is Rs. 9,034.00 crore.

The promoters holding in the company stood at 61.98% while Institutions and Non-Institutions held 23.80% and 8.73% respectively.

Thermax has received an order worth Rs 353 crore from Rashtriya Chemicals and Fertilizers (RCF) to execute an energy efficiency improvement project. The company will commission a 50 MW gas based co-generation plant at RCF's facility in Thal (Maharashtra) for captive power. It will also install waste heat recovery boilers downstream of the turbines to provide required steam for process.

The scope of supply includes two 25 MW each gas turbines and 2X100 TPH waste heat recovery boilers, besides civil works, balance of electrical, mechanical and instrumentation works. The project is to be completed in 22 months

Thermax 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 has manufacturing facilities in India, China and Europe.

Thermax Share Price

4706.75 10.35 (0.22%)

19-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
BHEL	413.80
Thermax	4706.75
Kirloskar Oil Eng	1992.35
Skipper	541.15
GMM Pfaudler	806.45
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