Mutual funds, driven by consistent household inflows via SIPs, have become a cornerstone of India’s equity market, offsetting volatile foreign investor flows. Domestic institutional investors, including mutual funds and insurance companies, now hold a larger share of equities than foreign portfolio investors, marking a significant shift in market dynamics.
Laurus Labs Q4 Results: Cons PAT increased 19% to Rs 279 crore, revenue rises 5%
Laurus Labs reported a 19% year-on-year jump in net profit to Rs 279 crore for the March quarter, with revenue rising 5% to Rs 1,812