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As far as Noida is concerned, it is as of today we have still not got the approvals and that is what is a little distressing. I believe there is a lot of pent-up demand in that region. The day we get approvals and we do the launch, I am sure we will get a good response.

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JTL Industries is a leading producer of electric resistance welded steel pipes with a production capacity of more than 6 lakh metric tonnes per year.

Market participants are expected to remain watchful of the industrial production data for August to be released by the government on Thursday.

No, but we do expect improvement. Now, whether it happens say second half Q3 or it starts Q4 or it gets a bit more protracted, I think that is probably more a near term debate.

A total of 7,284 shares changed hands on the counter till 01:03PM (IST)

Chakri Lokapriya believes that while midcap IT stocks continue to generate faster order flow compared to largecaps, he would not invest in them due to their recent run-up. However, companies like KPIT, Mphasis, Coforge, and Birlasoft are performing well with no apparent slowdown in their business momentum. In the cement industry, Dalmia Bharat and JK Cement are considered compelling due to expected capex surge and infra push.

The Relative Strength Index of the stock stood at 38.8 on Thursday.

Several midcap stocks achieved unprecedented milestones by reaching new 52-week highs on October 12.