Indian equity markets are experiencing a significant downturn. Many BSE 500 companies now trade below their historical valuations. This trend is particularly evident in non-lending firms. Banks and financial companies, however, show resilience. The market sentiment reflects a bearish outlook. Investors are observing these valuation shifts closely.
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