Thermax up 5% on Rs 155 cr order win

MUMBAI: Shares of Thermax surged on Thursday after the company bagged projects worth Rs 155 crore for municipal sewage treatment plants.

The company's water and waste solutions business bagged orders for 14 plants in Maharashtra and Jammu & Kashmir, it said in a statement to the Bombay Stock Exchange. These plants will ensure consistent treated water output and meeting pollution control board norms.

At 10:35 am, the stock climbed 4.75 per cent to Rs 476.80 on the NSE.