Data Centre Cooling Stock Crashes 19% Despite Reporting 420% QoQ Profit Growth in Q2
India, Nov. 6 -- The share of the company, which is an Indian multinational engineering conglomerate headquartered in Pune, Maharashtra, India, focused on clean air, clean energy, and clean water solutions, came under pressure after posting Q2 numbers
With a market capitalization of Rs 32,107 crore, Thermax Ltd'sshare on Friday made a day low of Rs 2,670 per share, down by 19.6 percent from its previous close of Rs 3,322.50 per share. The stock of the company gave a negative return of 16.46 percent over the last year.
Q2 Result Overview
QoQ Performance: Revenue increased to Rs 2,756 crore in Q2 FY27 from Rs 2,303 crore in Q1 FY27, registering a 19.7 percent increase QoQ. Operating profit (EBITDA) increased to Rs 194.14 crore in Q2 FY27...
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