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The Economic Times
The Economic Times
Business
Sakshi Kumari

Laurus Labs shifts gears as CDMO emerges as key growth driver; Nuvama sees 24% upside

CDMO Laurus Labs Nuvama Laurus Nuvama Institutional Equities Pharmaceutical Industry Stock Market

Laurus Labs has been transforming its business mix, reducing its dependence on anti-retroviral (ARV) drugs and expanding its contract development and manufacturing organisation (CDMO) business. Nuvama believes this shift could drive the drugmaker’s next phase of growth.

Also Read: PC Jeweller, Shanti Gold & other jewellery stocks rally up to 10%. Here’s why

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