Thermax shares jumped more than 11% this week after getting a repeat order worth Rs 516 crore for 600 MW energy project in Botswana, Southern Africa.
This deal is part of a larger 600-MW project, with Thermax serving as the sole partner.
In the exchange filing, the company also shared, “Similar to the first order, TBWES will supply two 550 TPH CFBC (circulating fluidised bed combustion) boilers and will undertake complete responsibility for designing, engineering, manufacturing, testing, supply, supervision of erection & commissioning, and performance testing.”
Stock Performance on Friday
– Open: ₹5,205.00
– High: ₹5,575.05
– Low: ₹5,027.10
