“KNRC remains net debt free and will focus on asset monetization ahead. Due to the monsoon and delays in receivables from the Irrigation segment, the pace of execution is likely to be slow in the near term,” MOSL said.
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
Sterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential upside of 68%.
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