The majority of the activity was in private banks and fi nancial services companies. Reliance Industries was another stock that changed hands between these fund houses. Money managers also cut their holdings in IT stocks, which face a hazy outlook in the wake of the economic uncertainty in the US.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
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