Chemical companies anticipate a mixed September quarter. Volume recovery in some areas faces challenges from weak pricing and lower demand. Specialty and fluorine-based firms are poised for better results. Agrochemicals may see a weaker performance due to weather disruptions. Investors will monitor project launches and price trends.
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