Foreign investors are returning to Indian IT stocks, driven by the rising adoption of artificial intelligence and improved business visibility. Companies such as TCS, Infosys and HCL Tech are seeing strong AI-led growth, reviving sector sentiment despite near-term earnings pressure and uneven performance across firms.
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