US President Donald Trump announced a 50% tariff on copper imports, impacting companies like Hindustan Copper and Vedanta. This move, effective by the end of July or August 1, follows an investigation under Section 232 of the Trade Expansion Act.
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