Housing finance companies in India will soon see lower borrowing costs. The National Housing Bank is offering partial credit enhancement on their bonds. This move aims to make home loans more affordable, especially for those seeking affordable housing. Eligible companies must meet certain asset size and credit rating criteria.
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