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This Article is From Nov 02, 2020

Motilal Oswal: Laurus Labs - Long Runway For Exponential Growth  

Motilal Oswal: Laurus Labs - Long Runway For Exponential Growth  
A technician checks capsules leaving the Bosch 3000 Encapsulation machine at the Elan Corporation plant in Athlone, Westmeath, Ireland (PhotographerJohn Cogill/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Laurus Labs Ltd. had a remarkable growth stint to Rs 2.4 billion profit after tax for Q2 FY21 from Rs 150 million profit after tax in Q1 FY20.

Management remains confident of not only sustaining performance but also bettering it.

The company is in the process of building a product pipeline and significantly enhancing manufacturing capacity to cater to future growth.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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