Despite being net sellers in the secondary market, foreign portfolio investors are significantly increasing their investments in Indian IPOs, with a threefold surge to ₹26,508 crore in FY25. This indicates strong confidence in India’s growth story, driven by the potential for higher returns and access to differentiated business models.
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