Sebi has expanded IPO anchor investor participation to include insurance and pension funds alongside mutual funds, raising anchor quota to 40% and merging allotment categories, aimed at diversifying the investor base and ensuring greater stability.
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