NSDL has received SEBI’s in-principle approval for a stock exchange listing by August 14, following delays due to valuation negotiations. The IPO, initially planned for July, is now expected to launch by late July or early August, targeting a ₹16,000 crore valuation. The issue size has been reduced to 50.
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