Iran’s rial currency hit a record low of 1,043,000 against the U.S. dollar following a long holiday, exacerbated by ongoing tensions with Washington. The economic instability has led to increased hardships for the Iranian public and political turmoil, with internal conflicts over government spending and handling of the economy.
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