Mohindar told CNBC-TV18, "Thermax has been on a roll from last 2-3 days. The volumes have been just about average. There has been nothing exceptional visible on it; Rs 630 is the stoploss that I would advice on this."
He further added, "If someone is holding into it, I still think worth a hold. It has target of Rs 720-730 for the next 2 months odd. So short term the stock should continue to be in the limelight and the performance that is delivered over the last couple of days could well be maintained."
Disclosure: I do not have a personal holding in the above stock/sector but may have recommended them to clients.
