The stock plunged 5.88 per cent to Rs 840.65 on BSE.
At NSE, shares of the company dipped 6 per cent to Rs 837.
Thermax yesterday reported 24.6 per cent drop in standalone net profit at Rs 64.83 crore for the quarter ended September 30, 2015.
The company's net profit in the year-ago period was Rs 86.01 crore, Thermax had said in a regulatory filing.
Total income of the company during the period decreased to Rs 1,069.62 crore from Rs 1,180.31 crore in the year-ago period.
Thermax Ltd, a leading energy and environment solutions provider, has manufacturing facilities in India, China and Europe.
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