{"id":577703,"date":"2023-05-19T09:22:46","date_gmt":"2023-05-19T03:52:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=577703"},"modified":"2023-05-19T10:04:05","modified_gmt":"2023-05-19T04:34:05","slug":"thermax-declines-7-as-investors-book-profit-post-march-quarter-earnings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/thermax-declines-7-as-investors-book-profit-post-march-quarter-earnings\/","title":{"rendered":"Thermax declines 7% as investors book profit post March quarter earnings"},"content":{"rendered":"<p>Shares of Thermax dropped 7 per cent to Rs 2,280 in Thursday\u2019s intra-day trade, on profit booking, after the company reported 34 per cent lower order booking in January-March quarter (Q4FY23) at Rs 2,254 crore, as against Rs 3,396 crore in Q4FY22. <\/p>\n<p>In the last quarter of the previous year, a significant order of Rs 1,176 crore was booked for a sulphur recovery block, and an order of Rs 546 crore was received for a flue gas desulphurisation (FGD) system, the company said. <\/p>\n<p>Despite of Thursday&#8217;s decline, Thermax has outperformed the market as shares surged 17 per cent so far in the calendar year 2023. In comparison, the S&amp;P BSE Sensex was up less than 1 per cent, during the same period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Thermax dropped 7 per cent to Rs 2,280 in Thursday\u2019s intra-day trade, on profit booking, after the company reported 34 per cent lower order booking in January-March quarter (Q4FY23) at Rs 2,254 crore, as against Rs 3,396 crore in Q4FY22. In the last quarter of the previous year, a significant order of Rs 1,176 crore was booked for a sulphur recovery block, and an order of Rs 546 crore was received for a flue gas desulphurisation (FGD) system, the company said. Despite of Thursday&#8217;s decline, Thermax has outperformed the market as shares surged 17 per cent so far [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-577703","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=577703"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577703\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=577703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=577703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=577703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}