Thermax rises on executing shareholders agreement with EverEnviro

Thermax is currently trading at Rs. 2088.85, up by 27.60 points or 1.34% from its previous closing of Rs. 2061.25 on the BSE.

The scrip opened at Rs. 2068.20 and has touched a high and low of Rs. 2095.00 and Rs. 2068.20 respectively. So far 559 shares were traded on the counter.


The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 2347.00 on 13-Apr-2022 and a 52 week low of Rs. 1288.35 on 11-Aug-2021.

Last one week high and low of the scrip stood at Rs. 2235.90 and Rs. 2053.85 respectively. The current market cap of the company is Rs. 24848.26 crore.

The promoters holding in the company stood at 61.98%, while Institutions and Non-Institutions held 27.70% and 10.32% respectively.

Thermax has executed shareholders agreement with Everenviro Resource Management (EverEnviro) on July 27, 2022. Purpose of entering into the agreement to incorporate new company which will execute Technology, Engineering, Procurement & Construction (TEPC) scope for the Bio-CNG Projects.

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.

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