Thermax rose 2.65% to Rs 1,176 at 11:20 IST on BSE after company's net profit rose 14.34% to Rs 76.20 crore on 11.28% growth in total income to Rs 1153.65 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced after market hours on Friday, 30 January 2015.
Meanwhile, the S&P BSE Sensex was down 100.63 points or 0.35% at 29,082.22.
On BSE, so far 3,548 shares were traded in the counter as against average daily volume of 7,626 shares in the past one quarter.
The stock hit a high of Rs 1,201 and a low of Rs 1,161.70 so far during the day. The stock had hit a record high of Rs 1,230 on 29 January 2015. The stock had hit a 52-week low of Rs 615 on 10 February 2014.
The stock had outperformed the market over the past one month till 30 January 2015, gaining 7.64% compared with Sensex's 6.49% rise. The scrip had also outperformed the market in past one quarter, jumping 30% as against Sensex's 6.72% rise.
The large-cap firm has equity capital of Rs 23.83 crore. Face value per share is Rs 2.
Thermax's operating revenue rose 13% to Rs 1147 crore in Q3 December 2014 over Q3 December 2013. Thermax's order intake declined 10.03% to Rs 1228 crore in Q3 December 2014 over Q3 December 2013. The drop in order booking is attributable to the domestic segment where enquiry inflow and finalisation remained subdued, the company said in a statement. The order backlog of the group as at 31 December 2014 fell 4% at Rs 6218 crore compared with same period last year.
Thermax, the energy and environment major, offers integrated, innovative solutions in the areas of heating, cooling, power, water and waste management, chemicals and air pollution control.
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