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Thermax strengthens on bagging Rs 1700 crore order for supply of 9 CFBC boilers

08 Jul 2013 Evaluate

Thermax is currently trading at Rs. 618.15, up by 1.35 points or 0.22 % from its previous closing of Rs. 616.80 on the BSE.

The scrip opened at Rs. 617.00 and has touched a high and low of Rs. 624.90 and Rs. 608.45 respectively. So far 3424 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 684.00 on 22-Feb-2013 and a 52 week low of Rs. 463.15 on 27-Jul-2012.

Last one week high and low of the scrip stood at Rs. 626.00 and Rs. 591.10 respectively. The current market cap of the company is Rs. 7363.86 crore.

The promoters holding in the company stood at 61.98% while Institutions and Non-Institutions held 23.48% and 14.54% respectively.

Energy and environment major, Thermax has bagged Rs 1,700-crore order from a leading petrochemical company for the design, manufacture and commissioning of 9 CFBC (circulating fluidized bed combustion) high pressure boilers of 500 TPH each for two of its plants. The boilers, which are to be commissioned within 24-29 months, will use petcoke and coal as fuel to generate steam for process and power generation. Petcoke is essentially a refinery waste and has high heat value and low ash content.

Further, using fourth generation CFBC technology Thermax boilers will burn these multiple fuels to achieve high levels of temperature control and almost negligible down time for maintenance.

Therrnax, 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

4242.80 101.60 (2.45%)
20-Apr-2026 09:44 View Price Chart
Peers
Company Name CMP
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Thermax 4242.80
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