Pravesh Gour, Senior Technical Analyst, Swastika Investmart said the company has been incurring losses for the last two years, and according to the IPO objective, the funds raised will be used to pay off liabilities.
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while
Jio Platforms shares extended their post-listing rally, rising over 28% in three sessions. Nomura, Motilal Oswal, Dolat Capital and Elara Capital remain positive, citing tariff
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