Public crypto treasury firms are increasingly moving beyond bitcoin into volatile niche tokens to chase returns amid market saturation, raising concerns over heightened risks, equity volatility and growing exposure through PIPE-funded token purchases.
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