India's JTL Industries gains on plan for new manufacturing line

JTL Industries

10/07/2025 10:40

** Shares of JTL Industries JTLI.NS rises 3.4% to 83.6 rupees, hits highest since March 6

** Stock on 5-day rally, with this session's gain the most and trading vol nearly 5x the 30-day avg

** Iron and steel products maker plans to install a new electric resistance welded pipe manufacturing line

** Says new line will add capacity of 300,000 mln tons per annum

** Stock down 13% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))