Thermax jumped 6.05% to Rs 456.05 at 12:35 IST on BSE after the company said its boiler & heater business unit has received an export order worth 14.2 million euro for supply of heat recovery steam generator to an oil company in Europe.
The stock hit a high of Rs 469.50 so far during the day. The stock hit a low of Rs 425.25 so far during the day, which is a 52-week low. The stock had a 52-week high of Rs 968.30 on
The company’s current equity is Rs 23.83 crore. Face value per share is Rs 2.
The current price of Rs 456.05 discounts its Q4 March 2008 annualised EPS of Rs 27.03, by a PE multiple of 16.87.
In February 2008, Thermax signed a technical transfer license agreement with Babcock & Wilcox for utility boilers.
Thermax’s net profit rose 15.5% to Rs 80.53 crore on 12.7% rise in net sales to Rs 922.11 crore in Q4 March 2008 over Q4 March 2007.
The company manufactures and distributes industrial equipment. The group operates in two segments, energy and environment.
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