Company updateMoneycontrol
Lenskart and Meesho add $394M to SoftBank portfolio
Positive+10
GreyOak summary
Lenskart and Meesho contributed $394 million to SoftBank's portfolio value in the September quarter. Lenskart's investment value rose $273 million while Meesho's increased by $121 million. Both companies saw stock price gains driven by improved operating performance and revenue growth.
What it affects
- Lenskart SolutionsLENSKARTPositive +10
Stock rose 31% with strong earnings growth.Rolling sentiment Positive +64
- MeeshoMEESHOPositive +10
Stock rose 17% as losses narrowed.Rolling sentiment Positive +49
Source
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