Laurus Labs shares erased intraday losses to trade in the green on April 26 afternoon. A day earlier, the pharma player reported a 25% drop in profit for the March quarter. Revenue, however, rose 4 percent to Rs 1,439.67 crore. The stock fell 2.6 percent in the early trade but recouped losses later in the day. Brokerage Jefferies maintained “underperform” call on the Laurus Labs.
Open Flip
Shares of GMR Airports Infrastructure shot up 8.2 per cent at Rs 92.34 a piece on Friday’s intraday trade. A combined 3.07 million shares of the company changed hands on the BSE. In comparison the S&B BSE Sensex fell by 0.31 per cent 74,109 levels. The stock of GMR Airports reached a 52-week high of Rs 94.30 on February 20, 2024, while it hit a 52-week low at Rs 40 on May 29, 2023.
Open Flip
BTC is trading above $64K even as outflows accelerate. The correlation between ETF outflows and BTC’s price is weakening. Bitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly. Market data shows that the U.S.-listed ETFs had a daily total net outflow of $217 million.
Open Flip
