Samir Arora of Helios Capital is bullish on India’s equity markets, anticipating FII return as global allocations shift from the U.S. He notes U.S. market volatility and global diversification create opportunities for India, which has stable fundamentals. Arora expects steady market gains of 10-15%, aligning with corporate earnings, and views gold as a limited hedge.
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