Laurus Labs’ stock has surged 30% on robust FY26 results, fueled by a booming contract manufacturing business and improved product mix. The company is investing ₹3,000 crore in expanding capacities, particularly for high-value CDMO services, which are projected to double their revenue share by 2030. Analysts are optimistic, raising earnings forecasts and maintaining a ‘BUY’ rating, anticipating continued growth across its diverse segments.
Global Market: Apple supplier Lingyi’s shares up 6% in Hong Kong debut
Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker’s Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3