Thermax lost 2.43% to Rs 925.70 at 12:30 IST on BSE, with the stock sliding on profit booking after recent rally.
Meanwhile, the S&P BSE Sensex was up 118.02 points or 0.46% at 25,591.91.
On BSE, so far 1,407 shares were traded in the counter as against average daily volume of 19,268 shares in the past one quarter.
The stock hit a high of Rs 943.90 and a low of Rs 919.90 so far during the day. The stock had hit a 52-week low of Rs 526 on 5 September 2013. The stock had hit a record high of Rs 969.50 on Wednesday, 11 June 2014.
The stock had outperformed the market over the past one month till 11 June 2014, surging 24.16% compared with the Sensex's 10.78% rise. The scrip had also outperformed the market in past one quarter, jumping 24.19% as against Sensex's 16.71% rise.
The large-cap company has equity capital of Rs 23.83 crore. Face value per share is Rs 2.
Shares of Thermax had risen 6% in three trading sessions to settle at Rs 948.80 on Wednesday, 11 June 2014, from a recent low of Rs 895.10 on 6 June 2014.
Thermax's net profit fell 8.2% to Rs 105.91 crore on 6.3% decline in net sales to Rs 1357.45 crore in Q4 March 2014 over Q4 March 2013.
Thermax, the energy and environment major, is one of the few companies in the world that offers integrated, innovative solutions in the areas of heating, cooling, power, water and waste management, chemicals and air pollution control. The sustainable solutions Thermax develops for client companies are environment-friendly and enable efficient deployment of energy and water sources.
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