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EnergyHigh impactAfter close

Thermax subsidiary secures ₹1600 crore boiler contract

after close1 source ↓written by the desknot a recommendation

contract
₹1600 crore

Thermax Babcock & Wilcox Energy Solutions Limited (TBWES) has won a ₹1600 crore contract for an 800 MW ultra-supercritical thermal power plant in Central India. This contract includes comprehensive services for the boiler package supply order, marking a significant achievement for the subsidiary.

This development is expected to enhance TBWES's market position and may positively influence investor sentiment in the energy sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Mar 2026, 16:05 IST.

Sourcesnews.google.com

The market after the news

THERMAX closed +2.0% on the day of the news, from ₹3,196.90 to ₹3,260.70; Nifty −2.1% over the same session.

Bulletin at 16:05 IST on 28 Mar 2026. Every change is measured from ₹3,196.90, the last close before it, on 27 Mar. Nifty 50 is measured over the same sessions.

  • THERMAX close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
THERMAX closes around the bulletin against the close before the news, with Nifty 50 rebased to it278534564126axis spans 48%before the news · 27 Mar3197Nifty 50THERMAXbulletinD0+1+3+520 Mar6 Apr16 AprReference close ₹3,196.90. 16 sessions from 20 Mar to 16 Apr; the price axis spans 48 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Mar₹3,196.90basebase
On the day30 Mar₹3,260.70▲ +2.0%▼ −2.1%+4.1 pp difference
+1 session1 Apr₹3,345.40▲ +4.7%▼ −0.6%+5.3 pp difference
+3 sessions6 Apr₹3,276.60▲ +2.5%▲ +0.7%+1.8 pp difference
+5 sessions8 Apr₹3,291.60▲ +3.0%▲ +5.2%−2.2 pp difference
Gap at the open, % · ₹
▲ +1.9%+62.02 on 30 Mar
Day's range, % · ₹
6.2%≈ 200 high to low
Volume on the day
3.17×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · THERMAX on the desk →

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