Thermax shares experienced a significant jump, reaching a new 52-week high. This surge followed the company’s strong Q4FY26 financial results. Robust revenue growth and a substantial increase in order inflows were key drivers. Investors also reacted positively to attractive dividend recommendations, including a special payout for the company’s 60th anniversary. The company’s order book shows strong future visibility.
Kusumgar’s Rs 650-crore IPO opens today; grey market points to nearly 40% listing gains
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166