Indian IT firms anticipate a strong comeback in FY26. Global trends and increased AI use will drive growth. The Indian stock market also looks set for a recovery. Factors like tax cuts, liquidity, and infrastructure spending are boosting the economy. Positive surprises are expected to lift markets as earnings improve.
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