Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Thermax had a big sharp decline. But, that decline could also be considered as a deep correction rather than anything else. Thermax is a buying opportunity. It is really a buy on dips opportunity."
At 10:35 hrs Thermax was quoting at Rs 1,120, up Rs 45.35, or 4.22 percent. It has touched an intraday high of Rs 1,130.00 and an intraday low of Rs 1,098.25.
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