Thermax is currently trading at RS 2942.60, up by 9.70 points or 0.33% from its previous closing of RS 2932.90 on the BSE.

The stock opened at RS 2983.95 and touched a high and low of RS 2983.95 and RS 2915.35 respectively. So far, 1836 shares have been traded on the counter.

The BSE Group ‘A’ stock with a face value of RS 2 has recorded a 52-week high of RS 5002.95 (17-Dec-2024) and a 52-week low of RS 2840.70 (24-Nov-2025).

During the past one week, the stock’s high and low stood at RS 2983.95 and RS 2840.70 respectively. The company currently holds a market capitalization of RS 35031.95 crore.

Promoter shareholding stands at 61.98%, while Institutions and Non-Institutions hold 27.39% and 10.62% respectively.

Major Order Win

Thermax’s wholly owned subsidiary, Thermax Babcock & Wilcox Energy Solutions (TBWES), has secured an order worth more than RS 580 crore from Dangote Industries, a leading West African conglomerate, for its refinery and petrochemical complex in Nigeria.

The project includes supply of four units of 400 TPH high-pressure utility boilers along with associated systems. TBWES will handle project management, engineering, procurement, manufacturing, and supervision of construction & commissioning.

Thermax has a long-standing partnership with Dangote Industries. In 2017, the company had won a contract valued at approximately $157 million for supplying boilers and HRSG systems for the Lekki refinery project.

Thermax is a leading engineering company providing sustainable energy and environmental solutions.