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Thermax surges on bagging order worth Rs 269 crore from a leading petrochemical company

27 Nov 2013 Evaluate

Thermax is currently trading at Rs 648.90, up by 11.20 points or 1.76% from its previous closing of Rs 637.70 on the BSE.

The scrip opened at Rs 647.50 and has touched a high and low of Rs 654.35 and Rs 647 respectively.

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 526.00 on 05-Sep-2013.

Last one week high and low of the scrip stood at Rs 654.00 and Rs 615.00 respectively. The current market cap of the company is Rs 7598.60 crore.

The promoters holding in the company stood at 61.98% while Institutions and Non-Institutions held 23.56% and 14.46% respectively.

Thermax has received an order valued approximately Rs 269 crore for the design, engineering, manufacture, supply, erection and commissioning of 3 Heat Recovery Steam Generators (HRSGs) from a leading petrochemical company for its proposed captive power plant as a part of its expansion program.

Each HRSG generates 275 ton per hour (TPH) High Pressure steam and 30 TPH Low Pressure steam for the customer’s captive power and process requirements.

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 Share Price

4286.75 145.55 (3.51%)
20-Apr-2026 11:18 View Price Chart
Peers
Company Name CMP
BHEL 330.15
Thermax 4286.75
Kirloskar Oil Eng 1664.90
Skipper 444.55
GMM Pfaudler 910.15
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