Company updateEconomic Times
SVF II Lightbulb sells 1.6% Lenskart stake worth Rs 1,896 crore
Neutral0
GreyOak summary
SVF II Lightbulb sold a 1.6% stake in Lenskart Solutions worth Rs 1,896 crore via block deals on November 6. The transaction was executed at Rs 697.15 per share, representing a 3.8% discount to the Friday closing price. Buyers included Societe Generale, Goldman Sachs, and Kotak Mahindra Mutual Fund. This occurred two days after Lenskart reported a 122.1% jump in net profit for Q2FY27.
What it affects
- Lenskart SolutionsLENSKARTNeutral 0
Block deal sold 1.6% stake at discountRolling sentiment Positive +64
Source
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