24 Oct 2025 | 5 Mins Read
Laurus Labs' shares fall 3% after Q2 results beat estimates
Flipitmoney
Laurus Labs shares dropped more than 3.4% to Rs 902.35 apiece, after a 1% rise earlier. The company reported a 875% YoY net profit increase to Rs 195 crore in Q2, with revenue from operations growing 35% YoY to Rs 1,653.47 crore. Jefferies raised its target price to Rs 700 and Goldman Sachs to Rs 775, while DAM Capital and Motilal Oswal maintained a 'Buy' call with Rs 1,083 and Rs 1,110 targets.