Amidst escalating trade tensions initiated by the US, European corporations are strategically diversifying their banking relationships, shifting away from Wall Street giants. This shift has proven beneficial for leading European banks, which are actively securing additional business.
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