IDFC First Bank aims for a stable 20% growth, fueled by a recent capital raise of ₹7,500 crores, increasing their capital adequacy ratio to 19%. This infusion provides a buffer against global economic uncertainties and supports the bank’s ambition to achieve a AAA rating.
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