InvestorQ : What is the reason for the recent rally in shares of Laurus Labs?
Mitali Bhutta made post

What is the reason for the recent rally in shares of Laurus Labs?

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6 months ago
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Laurus Labs surged 5% to touch Rs.657 after CARE Ratings upgraded the company’s long-term banking facilities to stable outlook. The upgrade had been triggered by the significant improvement in operating income and profit margins. The synthesis business is expected to exhibit strong growth over next 2 years on the back of sustained new client additions.

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