ICICI Prudential Mutual Fund will resume lump-sum investments in its small-cap fund on January 23, after previously limiting inflows due to stretched valuations. The fund house had warned of overvaluation in mid- and small-cap stocks, noting their market-cap growth outpaced profit share. Valuations have since cooled, though many still consider them elevated.
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
July 27, 2026