Following a US-Iran ceasefire, bargain hunters are cautiously investing in stocks heavily impacted by the West Asia sell-off. Sectors like aviation, travel, and oil marketing companies saw sharp rebounds, though analysts debate the sustainability of this recovery. Stronger investor interest is noted in quality large-cap stocks in banking, pharmaceuticals, and FMCG, which were less directly affected by the conflict.
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