South Korea has surpassed India to become the world’s sixth-largest equity market. This shift is attributed to strong performance from South Korean semiconductor companies. These firms are benefiting from booming demand within the artificial intelligence sector. India’s market has seen a decline, partly due to foreign investor selling amid geopolitical concerns. South Korean tech giants are leading the rally.
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