Shutdown of refineries, windfall taxes on fuel exports, and lower product cracks are likely to pull down the conglomerate’s earnings sequentially in Q2, the global investment bank said.
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.
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