Chakri Lokapriya of LGT Wealth suggests a cautious market outlook. Export sectors face challenges due to US tariffs. Industrials and consumer discretionary sectors show potential. ITC and Hindustan Unilever are bottoming out. Hero MotoCorp and TVS Motors appear attractive. Private capex may see a slight increase. Large-cap banks are preferable in the current environment.
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