Whirlpool of India lost 1.94% to Rs 445 at 9:45 IST on BSE, with the stock sliding on profit booking after recent rally triggered by the company reporting strong Q1 earnings.
Meanwhile, the S&P BSE Sensex was up 97.10 points or 0.37% at 26,488.06.
On BSE, so far 16,000 shares were traded in the counter as against average daily volume of 1.09 lakh shares in the past two weeks.
The stock hit a high of Rs 460 so far during the day, which is a record high for the counter. The stock hit a low of Rs 436 so far during the day. The stock had hit a 52-week low of Rs 141 on 4 September 2013.
Shares of Whirlpool of India had rallied 21% in two trading sessions to settle at Rs 453.80 on Monday, 18 August 2014, from a recent low of Rs 375.05 on 13 August 2014 after the company after market hours on 13 August 2014, reported strong Q1 June 2014 earnings.
Whirlpool of India's net profit jumped 67.4% to Rs 83 crore on 22.8% growth in net sales to Rs 1195.06 crore in Q1 June 2014 over Q1 June 2013.
Whirlpool of India is engaged in manufacturing and marketing of refrigerators, washing machines, air conditioners, microwave ovens and small home appliances.
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