ResultsMoneycontrol
Thermax shares fall 18% on missing Q2 estimates
Negative-22Company event
GreyOak summary
Thermax shares plunged nearly 20% after the company reported a 5% year-on-year decline in consolidated net profit to Rs 113 crore for the September quarter of FY27. The miss was attributed to product mix, higher input costs, and a Rs 15 crore impairment provision for a hybrid renewable energy project.
What it affects
- ThermaxTHERMAXNegative -22
Shares fell 18% on missed Q2 estimates.Rolling sentiment Negative -37
Source
Read the original at MoneycontrolMore Thermax news
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