The official purchasing managers' index (PMI) is expected to have edged up to 49.0 in June from 48.8 in May, according to the median forecast of 27 economists in a Reuters poll.
Techno Electric is amongst one stock that is held by top midcap funds according to a CNBC-TV18 study.
Air conditioning major Blue Star’s net profit for the first quarter slumped 74% from a year ago to just Rs 9.79 crore due to losses in electro mechanical projects and packaged air conditioning business.