Smartworks Coworking Spaces is launching an IPO to raise ₹583 crore, primarily for capital expenditure and debt repayment. While revenue and EBITDA have grown, the company has consistently reported net losses. Its cost-effectiveness and the expanding managed workspace market are potential advantages, but geographic concentration remains a risk. Investors should carefully consider these factors before investing.
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