Groww plans to launch its ₹7,000-crore Initial Public Offering in early November. The fintech firm, backed by Microsoft CEO Satya Nadella, aims for an $8 billion valuation. The IPO will include a fresh issue and an offer for sale by existing investors. This comes as the stock broking industry faces regulatory pressures.
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