Asian markets are subdued as a fragile Gulf ceasefire shows signs of breaking. Oil prices are rising again, signaling prolonged inflation. Investors are cautious as the Strait of Hormuz remains under threat. This instability impacts global markets, with oil futures seeing an uptick. Inflationary pressures are expected to persist, influencing central bank decisions on interest rates.
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