Laurus Labs rises 8%, hits new high, as brokerages bullish post-company's Q1 results

Laurus Labs shares rose 8% to a new high after Q1 results, driven by bullish brokerages.

Motilal Oswal Financial Services expects Laurus Labs' earnings to grow at a 24% compounded annual rate over FY26-28.

The stock hit a new high following positive analyst outlook post-Q1 performance.