On Thursday, Indian markets opened on a high note, buoyed by positive reactions to corporate earnings and global political dynamics. The announcement of a pivotal meeting between US President Donald Trump and Chinese President Xi Jinping alleviated concerns over trade disputes. Strong performances from key companies further fueled market optimism, with energy sectors benefiting from a hike in oil prices.
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