“While the inflation trajectory is likely to remain benign, the RBI will need to filter the festive and GST-related demand from the cyclical recovery,” said Upasna Bharadwaj, chief economist, Kotak Mahindra Bank. “We remain skeptical on the sustainability of the recent pickup in economic activity and, hence, see some room for further monetary easing.”
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