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Thermax is currently trading at Rs. 614.50, up by 24.45 points or 4.14% from its previous closing of Rs. 590.05 on the BSE.
The scrip opened at Rs. 602.00 and has touched a high and low of Rs. 639.90 and Rs. 599.35 respectively. So far 46,931 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 639.90 on 12-Nov-2012 and a 52 week low of Rs. 388.00 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 639.90 and Rs. 565.00 respectively. The current market cap of the company is Rs. 7,322 crore.
The promoters holding in the company stood at 61.98% while Institutions and Non-Institutions held 23.84% and 14.18% respectively.
Thermax has bagged EPC contract worth Rs 503 crore from a leading Government of India Enterprise for setting up a captive power plant for its new 3 million ton per annum integrated steel plant in Central India.
The company will design, engineer, construct and commission the project on a turnkey basis. The supply of equipment include three 160 ton per hour capacity (3x160 TPH) boilers that use multiple fuels - blast furnace and coke oven gas from the steel process and light diesel oil- and two 40 MW each steam turbines. Steam from the boilers will be used to blow air into the blast furnace and to generation 80 MW of power.
The order also includes water demineraliser plant, cooling water system, air conditioning and ventilation system, compressed air system, fire fighting facilities, emergency DG set, etc. This project is designed as a zero discharge plant and an effluent treatment plant based on reverse omosis will recycle water.
Thermax offers engineering solutions to various industries. It offers wide range of products and services in heating, cooling, waste heat recovery, captive power, water treatment, recycling and waste management.
| Company Name | CMP |
|---|---|
| BHEL | 291.20 |
| Bharat Electronics | 289.10 |
| Thermax | 5340.60 |
| Kirloskar Oil Eng | 1224.00 |
| Praj Industries | 502.25 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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