We see the ripple effects of this slowdown impacting corporate earnings. This slowdown we believe is cyclical in nature and there are already some initial signs of a rebound.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO