The rupee slid to a record low of 90.73 against the dollar amid heavy foreign outflows, stalled India–US trade talks and strong importer demand, emerging as the worst performer among Asian currencies.
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
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.
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