{"id":122521,"date":"2024-04-15T17:57:37","date_gmt":"2024-04-15T12:27:37","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=122521"},"modified":"2024-04-15T22:38:53","modified_gmt":"2024-04-15T17:08:53","slug":"multibagger-stock-jumps-6-after-commencing-its-new-plant-for-wastewater-treatment","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-6-after-commencing-its-new-plant-for-wastewater-treatment\/","title":{"rendered":"Multibagger stock jumps 6% after commencing its new plant for wastewater treatment \u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-175417242\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger stock engaged in offering integrated solutions in heating, water treatment, cooling, power generation, recycling, and many more jumped upto 7 percent in the day\u2019s trade following the opening of its state-of-the-art manufacturing facility for providing water and wastewater treatment solutions.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2621847563\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 55,957 Crores, the shares of <strong>Thermax Limited<\/strong> closed at Rs. 4,696, up 3.25 percent from its previous day\u2019s close price of Rs. 4,754. It has delivered multibagger returns of 109 percent in a year.\u00a0<\/p><p>Thermax Limited announced the opening of its state-of-the-art manufacturing facility in Pune for water and wastewater treatment solutions aligned with Thermax&#8217;s broader mission of conserving resources and preserving the future.&nbsp;<\/p><p>Thermax\u2019s Water and Waste Solutions business, in recent years, has expanded significantly to include not only Reverse Osmosis (RO) and Sewage Treatment Plants (STP) but also Effluent Recycling Systems (ERS) and Zero Liquid Discharge (ZLD) solutions&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3827993642\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>In addition to these, the plant will also implement and cater to Thermax\u2019s new technologies to offer softener and filter vessels, tubular membrane modules, and Capacitive Deionisation (CDI) solutions. The new facility can be scaled to double its capacity.&nbsp;<\/p><p>The factory will integrate advanced production techniques and high levels of automation to enhance production efficiency and output while minimizing waste. Securing its supply chain, the plant will be supported by nearly 1,000 vendors from Maharashtra and across the country. The facility will host a remote monitoring setup based on Thermax\u2019s Edge Live \u00ae digital solution&nbsp;<\/p><p>Thermax Limited is engaged in offering integrated solutions in heating, water treatment, cooling, power generation, recycling, air pollution control, chemicals, and many more.&nbsp;<\/p><p>Its revenue from operations grew by 13.42 percent from Rs. 2,049 Crores in Q3FY23 to Rs. 2,324 Crores in Q3FY24, accompanied by profits of Rs. 126 Crores to Rs. 237 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/strong><\/p><div class=\"trade-after-content\" id=\"trade-68683640\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger stock engaged in offering integrated solutions in heating, water treatment, cooling, power generation, recycling, and many more jumped upto 7 percent in the day\u2019s trade following the opening of its state-of-the-art manufacturing facility for providing water and wastewater treatment solutions.&nbsp; With a market capitalization of Rs. 55,957 Crores, the shares of Thermax Limited closed [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":122523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-122521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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