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The expiry of anchor lock-ins is closely tracked by market participants as it can influence post-IPO stock performance
Recently listed eyewear retailer Lenskart posted a nearly 20 per cent year-on-year (Y-o-Y) jump in net profit for the September quarter, reaching ₹103.5 crore
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Eyewear retailer reports strong quarterly results, sees growth driven by first-time users, expanding prescription demand and upcoming smart glasses launch
The brokerage said Lenskart's vertically integrated omnichannel model; spanning design, manufacturing and retail; drives cost efficiency, faster delivery and a superior customer experience.
Launch of the Barcelona-born label strengthens the company's house-of-brands strategy amid rising demand for fashion-forward eyewear
Eyewear retailer Lenskart's stock fluctuated sharply on listing day, ending nearly unchanged as investors weighed its steep valuation and long-term growth potential
Sensex today | Stock Market close highlights, Nov 10: In the broader markets, the Nifty MidCap index added 0.47 per cent, and the Nifty SmallCap index 0.35 per cent
Lenskart IPO listing today: Lenskart shares opened at ₹395 on the NSE, a 1.74 per cent discount to the IPO price of ₹402, and even lower at ₹390 on the BSE, initially disappointing investors
Lenskart’s blockbuster ₹70,000 crore IPO has been oversubscribed nearly 30 times, but behind the hype, analysts and investors are asking tough questions. Why is the valuation being called “stretched”?
Lenskart share price: Analysts offered mixed opinions on Lenskart, with some advising investors to hold for the long term, while others suggested booking losses and exiting.
On the BSE, the Lenskart shares opened at ₹390, a discount of 3 per cent. Post-listing, the stock fell nearly 9 per cent from the issue price to a low of ₹355.7
Lenskart is set to debut on the stock market today after the successful completion of its ₹7,278 crore initial public offering
Once the allotment is finalised, applicants can verify their allotment status online through the official websites of the BSE, NSE, or MUFG Intime India, the registrar to the issue
The eyewear firm aims to build an AI-driven wearable ecosystem with its 'B by Lenskart' smart-glasses platform, inviting Indian developers to innovate
Issue subscribed nearly 30x on last day of bidding