Shares of Reliance Infrastructure and Reliance Power declined after the Enforcement Directorate (ED) conducted searches at premises linked to Anil Ambani. The investigation revolves around an alleged Rs 3,000 crore loan fraud involving Yes Bank, with the ED suspecting money laundering and diversion of funds to shell companies.
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