Thermax shares dropped significantly after reporting an 86% profit decline. Revenue rose 7% year-on-year, but earnings before interest, taxes, depreciation, and amortization fell. Order inflow increased 2%, and the total order book grew. The company cited higher input costs and weaker export sales impacting performance. Geopolitical issues and currency fluctuations also contributed to cost pressures.
Swiggy shares plunge 6% even as losses narrow. Should investors buy, sell or accumulate?
Swiggy Share Price: Swiggy shares plunged as much as 6% after the food delivery and quick commerce company reported its June-quarter results. While the consolidated