Thermax is currently trading at Rs. 1867.95, up by 28.85 points or 1.57% from its previous closing of Rs. 1839.10 on the BSE.
The scrip opened at Rs. 1850.95 and has touched a high and low of Rs. 1902.90 and Rs. 1850.95 respectively. So far 8788 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1944.80 on 10-Dec-2021 and a 52 week low of Rs. 939.55 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 1923.55 and Rs. 1757.60 respectively. The current market cap of the company is Rs. 22188.09 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 received an order of Rs 545.6 crore from an Indian power public sector company to set up flue gas desulphurisation (FGD) systems for their two units of 500 MW capacity each in the state of Uttar Pradesh, India.
The FGD systems will be installed at their plant to cut down SOx (Sulfur oxide) emissions and comply with the air quality standards set for the power plants. In the current financial year, this is company’s second FGD order.
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.