Julius Baer Wealth Advisors’ Nitin Raheja suggests the economic slowdown might not be as bad as feared. Earnings season results, particularly in IT and banking, exceeded expectations. Raheja remains positive on the cement sector, citing strong profitability and infrastructure spending. He anticipates continued uptrend for cement 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