Markets are cautiously optimistic after a US-Iran ceasefire. Investors are watching fourth-quarter earnings and crude oil prices closely. Foreign institutional investors’ decisions will also shape market direction. While immediate conflict fears fade, domestic concerns like valuations and growth recovery may resurface. Corporate profitability faces pressure from higher energy costs and a weaker rupee.
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