Laurus Labs: CDMO services key to improved prospects, say analysts
The management said a $100 million investment in CDMO services is ongoing.
Source: moneycontrol.com
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The management said a $100 million investment in CDMO services is ongoing.
The company also expects an improvement in its net debt leverage and working capital in FY25.
Laurus Labs Q4 earnings: A poll of brokerages had pegged the profit at Rs 107 crore
Given the current circumstances, three stocks have formed a good setup on the charts making them attractive from a risk-reward perspective.
At the time of close, the Sensex was down 27.09 points, or 0.04%, at 73,876.82, while the Nifty was down 18.6 points, or 0.08%, at 22,434.70.