30 Mar , 2026 By : Debdeep Gupta
Thermax share price gained in the opening trade on March 30 following the company arm won an order worth RS 1,600 crore for 800 MW ultra-supercritical thermal power plant.
At 09:18am, Thermax was quoting at Rs 3,211.50, up Rs 19.15, or 0.60 percent, on the BSE.
The company’s wholly owned arm, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), has won a boiler package supply contract from a leading thermal power project company in Central India. The order is for a 1x800 MW ultra-supercritical thermal power plant.
The scope of work includes manufacturing, supply, supervision of installation and commissioning, as well as performance testing of the boiler package.
The execution will be aligned with project milestones and delivery schedules as defined in the contract, company said.
TBWES provides equipment and solutions for generating steam for process and power through the combustion of various solid, liquid and gaseous fuels, as well as through heat recovery from turbine/engine exhaust and (waste) heat recovery from industrial processes.
TBWES also offers heaters for various applications in the chemical, petrochemical and refinery segments. Its services arm offers renovation and modernisation solutions for old boilers and heater as well as digital solutions for all make.
In the previous trading session, the share closed at Rs 3,192.35, down Rs 52.25, or 1.61 percent.
The share touched a 52-week high of Rs 4,088.00 and a 52-week low of Rs 2,744.20 on 17 July, 2025 and 08 December, 2025, respectively.
Currently, the stock is trading 21.91 percent below its 52-week high and 16.33 percent above its 52-week low.
The market capitalisation of the company stands at Rs 38,038.86 crore.
The share price declined 15 percent in the last one-year.
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