SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Thermax shines on bagging Rs 830 crore order to set up FGD systems

24 Nov 2021 Evaluate

Thermax is currently trading at Rs. 1734.75, up by 41.35 points or 2.44% from its previous closing of Rs. 1693.40 on the BSE.

The scrip opened at Rs. 1727.00 and has touched a high and low of Rs. 1791.30 and Rs. 1701.00 respectively. So far 3989 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1895.20 on 17-Nov-2021 and a 52 week low of Rs. 837.25 on 24-Nov-2020.

Last one week high and low of the scrip stood at Rs. 1791.30 and Rs. 1628.95 respectively. The current market cap of the company is Rs. 20609.27 crore.

The promoters holding in the company stood at 61.98%, while Institutions and Non-Institutions held 27.35% and 10.67% respectively.

Thermax has concluded an order of Rs 830 crore from an Indian power private sector company to set up flue gas desulphurisation (FGD) systems for their three units of 660 MW capacity each in the state of Uttar Pradesh.

The FGD systems will be installed at their plant to cut down SOx emissions and comply with the air quality standards set for fossil fuel based power plants. The scope of supply includes design, engineering, manufacturing, civil work, construction and commissioning of the FGD systems. The project is slated to be completed in 36 months.

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

4062.55 9.25 (0.23%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 337.95
Thermax 4062.55
Kirloskar Oil Eng 1607.50
Skipper 469.90
GMM Pfaudler 912.30
View more..

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:

×