The stock ended with a loss of 5.5% at Rs 429. Volumes dropped significantly to 38,228 shares compared to its two-week daily trade average of 183,371 shares on the BSE.
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(Updated at 1033 hrs)
Thermax has slipped 5% after the company posted a poor quarterly numbers
The stock opened at Rs 440 and then soon slipped to a low of Rs 419. The scrip is now trading at Rs 433, down 5%. The counter has witnessed trades of 11,521 shares on the BSE so far.
Thermax registered a 27% slip in the net profit to Rs 46.49 crore in the first quarter compared to Rs 63.7 crore in the previous quarter a year ago.
