New Delhi, Sept. 15 -- India's CRDMO (Contract Research, Development and Manufacturing Organization) sector is poised for robust growth over the next three to five years, global brokerage Jefferies said in its latest note. The US brokerage expects multiple tailwinds to support the sector and highlighted four stocks with potential gains of 17-30 percent, while maintaining a cautious stance on Laurus Labs due to valuation concerns.

Jefferies' recommendations follow over 50 investor meetings, where key themes such as differentiated capabilities, contract-winning track record, and the China+1 opportunity emerged as critical drivers for investment decisions. However, it flagged high valuations, earnings volatility, and the opaque nature of so...