Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% ...More

Lenskart Solutions reported a 182.3% YoY jump in Q1 FY27 profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA increased 61.3% to Rs 589 crore, with margins expanding and product margin crossing 70% for the first time. ...Less

Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving mar ...More

Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving margins, has strengthened the bullish case among brokerages. Jefferies sees further potential from international growth, premiumisation, store expansion and Meller, which it believes could become a major global brand. ...Less

Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while re ...More

Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while revenue grew 34% and EBITDA jumped 61%. Margins also improved sharply, with product margin crossing 70%. Jefferies, Morgan Stanley and Goldman Sachs remain positive, citing strong growth, margin expansion and premiumisation, with target prices implying up to 22% upside. ...Less

Brokerages remain positive on select stocks, with Nomura upgrading Tata Motors’ commercial vehicle busine ...More

Brokerages remain positive on select stocks, with Nomura upgrading Tata Motors’ commercial vehicle business to Buy and Citi retaining a Neutral call on Lenskart despite a higher target price. Motilal Oswal also maintains a Buy rating on Hindustan Aeronautics, citing strong growth and execution prospects, while valuations remain a key consideration. ...Less

The Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating ...More

The Gurugram-based company’s net profit jumped 3.7 times during the quarter to Rs 228 crore, as operating leverage kicked in across the business even as it faced cost pressures from its dependence on Chinese frame imports. ...Less

Lenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech T ...More

Lenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5. ...Less

Happy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analys ...More

Happy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s ETtech Morning Dispatch. ...Less

Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks ...More

Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks including Cochin Shipyard, UPL and IPCA Laboratories. The fund also increased exposure to six stocks, including Adani Energy Solutions and Indus Towers. Its portfolio expanded to 23 stocks, with AUM at Rs 8,106 crore. ...Less

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB ...More

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays. ...Less

MSCI announced changes to India indices, adding four stocks and removing three. India's weight in the MSC ...More

MSCI announced changes to India indices, adding four stocks and removing three. India's weight in the MSCI India Standard Index will rise slightly to 11.9 percent. Lenskart Solutions and Adani Energy Solutions are among the new inclusions. Astral and Balkrishna Industries will move to the Smallcap Index after exclusion. These changes will take effect on August 31, impacting fund flows. ...Less

Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil price ...More

Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil prices. Several companies will be in focus today due to corporate developments and first-quarter earnings reports. UltraTech Cement shares are set for a block deal, while Apollo Hospitals reported strong profit growth. Lenskart Solutions and Astral also announced significant profit increases for the first quarter. ...Less

Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark mo ...More

Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels. ...Less

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Powe ...More

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Power Development and Consultancy. The acquisition is aimed at facilitating power integration for proposed green hydrogen and green ammonia projects in Vizag. The development follows AESL’s win of an approximately Rs 8,500 crore transmission project in Andhra Pradesh. ...Less

Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the ...More

Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the MSCI India Index. Astral and Balkrishna Industries will, however, be moved to the MSCI India Smallcap Index. ...Less

In August, Axis Direct introduces 44 stock recommendations, advocating a buy-on-dips approach. The bankin ...More

In August, Axis Direct introduces 44 stock recommendations, advocating a buy-on-dips approach. The banking, capital goods, and realty sectors exhibit promising technical patterns for investors. Additionally, consumer durables, healthcare, power, and auto sectors are projected to perform well. However, a selective caution is suggested for FMCG, metals, and oil & gas stocks as the brokerage predicts sustained momentum across various key market areas. ...Less

Seven BSE 200 stocks hit fresh 52-week highs as the Sensex gained 113 points. Paytm led with a 19% monthl ...More

Seven BSE 200 stocks hit fresh 52-week highs as the Sensex gained 113 points. Paytm led with a 19% monthly rise, followed by Bosch, Lenskart Solutions, Aurobindo Pharma, Pidilite, Solar Industries India and Zydus Lifesciences. ...Less

Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as ...More

Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as resistance. Options data shows strong Put writing, suggesting limited downside. Analysts prefer PSU banks, while defence, auto and chemicals remain technically strong. ...Less

Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, ...More

Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, 2026, at a 3% discount. Separately, UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support its green energy initiatives. ...Less

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MI ...More

Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling. Buying remained strong across large, mid and smallcap segments, reflecting active portfolio repositioning by fund managers. ...Less

Bitcoin hovered near $63,000 as weaker ETF demand and a cancelled SEC meeting weighed on crypto sentiment ...More

Bitcoin hovered near $63,000 as weaker ETF demand and a cancelled SEC meeting weighed on crypto sentiment. Bitcoin and Ethereum declined, while the global crypto market cap slipped 0.4%. Analysts cited subdued momentum, regulatory uncertainty and range-bound trading. ...Less

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an E ...More

Seven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed. Four of the seven stocks that opened below their issue prices have since moved above them. The remaining three opened at their issue prices. ...Less

Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing p ...More

Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager. ...Less

Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as I ...More

Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as India’s macro backdrop improves. Lower commodity prices, a stable currency, resilient domestic growth and better earnings prospects are supporting its bullish view. The brokerage expects a shift towards value stocks, with large caps and banks benefiting as foreign outflows reverse. ...Less

The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices wei ...More

The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices weighed heavily on worldwide market sentiment. Notable developments included Larsen & Toubro's announcement of a strategic business transfer for its data center services. Focus will also be on firms like Tata Motors and Hindustan Aeronautics. ...Less

Around 12 equity mutual funds delivered over 40% returns since August 15, 2025, led by international and ...More

Around 12 equity mutual funds delivered over 40% returns since August 15, 2025, led by international and thematic funds. Nippon India Taiwan Equity Fund topped the list with 140.91%, while several domestic diversified funds posted more moderate gains. ...Less

Indian stock markets opened muted this week as global worries tempered investor sentiment. Strong first-q ...More

Indian stock markets opened muted this week as global worries tempered investor sentiment. Strong first-quarter earnings provided some support, offsetting geopolitical tensions. Analysts noted softer US jobs data, shifting focus to inflation readings for rate direction. ...Less

Lenskart's founder stated going public brings responsibility but not a change in company direction. The e ...More

Lenskart's founder stated going public brings responsibility but not a change in company direction. The eyewear retailer opened many new stores, funded by operating cash flows. Lenskart's model is now reaching deeper into the country, serving more people. The company reported significant operating revenue growth and increased net profit for fiscal 2026. This expansion demonstrates the large opportunity still available in the vision care market. ...Less

Zoom views India as a vital market due to its large talent pool and innovation. The company is expanding ...More

Zoom views India as a vital market due to its large talent pool and innovation. The company is expanding its services and AI adoption within the country. Zoom has established technology and data centers in India to support its operations. They are investing in Zoom Phone and Contact Center solutions for local businesses. Zoom is committed to supporting local languages and regulatory compliance in India. ...Less

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airt ...More

This week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those reporting earnings on Tuesday. Trent and Hero MotoCorp will release their quarterly figures on Thursday. State Bank of India and Titan Company are scheduled for Friday announcements. The earnings cycle concludes Saturday with Anant Raj's results. ...Less

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well ...More

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean that corrections will not happen; they will. But, largely, they will have a lesser probability of turning into a secular bearish trend as has happened in the past. Mind you, we are using the word probability. Why? ...Less

Only 23 companies raised $2.3 billion through IPOs during the period, compared with a record 105 issues t ...More

Only 23 companies raised $2.3 billion through IPOs during the period, compared with a record 105 issues that raised $18.7 billion in 2025. Even during last year’s boom, offer-for-sale components—through which existing shareholders sell stock—accounted for 64% of IPO proceeds. ...Less

MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to a ...More

MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to attract the highest at $648 million, according to Nuvama. The brokerage sees Laurus Labs, Adani Energy Solutions, Lenskart and Groww among likely inclusions, while Balkrishna Industries, SBI Cards and Astral face potential exclusions. ...Less

Deepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more ...More

Deepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5. ...Less

Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally ...More

Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and Gujarat Fluorochemicals led the list, reflecting strong buying interest, positive momentum and improving investor confidence. ...Less

Indian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and up ...More

Indian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and upbeat earnings lifted sentiment. Sensex climbed 776 points and Nifty reclaimed 23,996, with analysts eyeing 24,250–24,300 if the index sustains above the 24,000 mark. ...Less

The noise levels are currently high in the markets. And, at this point of time, it seems there is literal ...More

The noise levels are currently high in the markets. And, at this point of time, it seems there is literally nothing positive about them. From crude prices, to tariffs, to the monsoon – everything appears gloomy. These are not perfect conditions to buy stocks; but then, in perfect conditions, stocks also tend to be more expensive. So, pick between perfect conditions and good stock prices. If you are someone who sees this as an opportunity, the obvious question is: Which stocks? You will make the right decision if you look at businesses rather than at stock prices. ...Less

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to ...More

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July 10, Lenskart's stock closed at Rs 543.65 on the National Stock Exchange. ...Less

TRUSTMF Small Cap Fund, the best-performing equity mutual fund over the past one year with a 21.98% retur ...More

TRUSTMF Small Cap Fund, the best-performing equity mutual fund over the past one year with a 21.98% return, added Dixon Technologies (India), Paras Defence and Space Technologies and 14 other stocks to its portfolio in June. The fund also exited 13 stocks while increasing exposure to several others, according to its latest monthly factsheet. ...Less

Sensex and Nifty declined for a fourth straight session as surging crude oil prices and escalating US-Ira ...More

Sensex and Nifty declined for a fourth straight session as surging crude oil prices and escalating US-Iran tensions dampened investor sentiment. Analysts flagged rising inflation risks, bearish technical indicators and continued market volatility, with Nifty likely to face resistance near the 24,000 mark. ...Less

Temasek International sees family businesses opening to investors as a major market shift. Generational t ...More

Temasek International sees family businesses opening to investors as a major market shift. Generational transitions create attractive long-term investment opportunities for the firm. The investment firm plans to invest billions annually in India's key sectors. Temasek focuses on long-term opportunities in healthcare and financial services. India's strong economic fundamentals support continued long-term investment. ...Less

Mutual funds bought five midcap stocks, including Lenskart, Meesho, JSW Infrastructure, NHPC and Ajanta P ...More

Mutual funds bought five midcap stocks, including Lenskart, Meesho, JSW Infrastructure, NHPC and Ajanta Pharma, in June. These stocks witnessed net purchases worth over Rs 10,000 crore during the month. ...Less

When will the US-Iran war end? No one can answer that with any certainty. But whenever it ends, the proba ...More

When will the US-Iran war end? No one can answer that with any certainty. But whenever it ends, the probability is that volatility will continue for a while in most emerging markets, including India. We might, in fact, see the Indian market underperforming other markets for some time. Why? Because some sectors were facing headwinds even before the war began. And for others, things are not going to be easy. ...Less

An upcoming MSCI index rebalancing may introduce about $2.3 billion in passive investment flows. The glob ...More

An upcoming MSCI index rebalancing may introduce about $2.3 billion in passive investment flows. The global index provider will announce changes on August 12 after market close. Several Indian stocks are likely candidates for inclusion in the MSCI India Standard Index. These changes will impact index-linked exchange-traded funds and mutual funds. The rebalancing will become effective for portfolios on August 31. ...Less

Quant Mid Cap Fund exited Reliance Industries and three other stocks in June while adding BHEL and L&T Te ...More

Quant Mid Cap Fund exited Reliance Industries and three other stocks in June while adding BHEL and L&T Technology Services to its portfolio, according to ACE MF data. The fund sold 21.38 lakh RIL shares worth Rs 282 crore and also exited PB Fintech, Torrent Pharmaceuticals and Oracle Financial Services Software (OFSS) during the month. ...Less

Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5 ...More

Hit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5. ...Less

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce r ...More

Happy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETech Morning Dispatch. ...Less

IPO pricing for venture-backed companies in India has stabilised as deeper markets, supported by domestic ...More

IPO pricing for venture-backed companies in India has stabilised as deeper markets, supported by domestic mutual funds, provide more stability, B Capital’s Howard Morgan and Karan Mohla told us in an interaction. ...Less

The fund’s latest investment is a Rs 140 crore secondary purchase of promoter shares in Parag Parikh Fina ...More

The fund’s latest investment is a Rs 140 crore secondary purchase of promoter shares in Parag Parikh Financial Advisory Services (PPFAS). ...Less

Mutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Fi ...More

Mutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Finance, and HDFC Bank. Conversely, Asian Paints, ICICI Bank, and SBI saw major reductions. In midcaps, JSW Infrastructure and Meesho were key additions by funds. Smallcap segment saw buying in Acme Solar Holdings and Craftsman Auto. ...Less

Adani Green, Groww and Laurus Labs have emerged as key stocks to watch ahead of MSCI’s August 2026 index ...More

Adani Green, Groww and Laurus Labs have emerged as key stocks to watch ahead of MSCI’s August 2026 index review. JM Financial expects up to 12 inclusions and three exclusions, potentially triggering $2.3 billion in passive inflows, with index-linked buying likely to drive liquidity, institutional ownership and near-term stock movements. ...Less

Avendus Future Leaders Fund III has acquired nearly a 1% stake in Parag Parikh Financial Advisory Service ...More

Avendus Future Leaders Fund III has acquired nearly a 1% stake in Parag Parikh Financial Advisory Services for around Rs 140 crore through a secondary transaction, backing one of India's largest mutual fund houses. ...Less

Ankur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aami ...More

Ankur Kathuria is set to launch a Rs 1,000 crore mid-market private equity-style fund with Carlyle’s Aamir Zeb, they said. The fund, which is in the early stages, is expected to back growth-stage Indian companies and will look at opportunities across enterprise technology, artificial intelligence (AI) infrastructure and other businesses. ...Less

There are many reasons to expect more volatility in the short term. But if the Gulf region stabilises and ...More

There are many reasons to expect more volatility in the short term. But if the Gulf region stabilises and US bond yields don’t spike, the quantum of volatility could be less. In the next few weeks, the street will adjust to the decline of both the top and bottom lines of companies in some sectors. Especially those where oil and/or any imported element has a role to play as raw material. In short, a very stock-specific market. Our selected stocks for today depict a strong upward trajectory in their overall average score, which is based on five key pillars: earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

Instant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning ...More

Instant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch. ...Less

The Sensex ended higher as select BSE 200 stocks touched fresh 52-week highs. FSN E-Commerce Ventures, Ti ...More

The Sensex ended higher as select BSE 200 stocks touched fresh 52-week highs. FSN E-Commerce Ventures, Titan, Sun Pharmaceutical Industries and Lenskart Solutions led the momentum. ...Less

Virat Kohli relaunched his lifestyle brand One8 with Agilitas Sports. This venture aims to overcome past ...More

Virat Kohli relaunched his lifestyle brand One8 with Agilitas Sports. This venture aims to overcome past challenges faced by celebrity-backed brands. Agilitas brings operational expertise and manufacturing capabilities to the brand. The company is focusing on rapid product development and efficient distribution. Success will depend on consumer repeat purchases within the first year. ...Less

Long-time Tata Group associate Mehli K. Mistry has stepped down as a director from Ratan Tata's personal ...More

Long-time Tata Group associate Mehli K. Mistry has stepped down as a director from Ratan Tata's personal investment firm, RNT Associates. Mistry, who worked closely with the former Tata Sons chairman and is an executor of his will, cited other commitments for his departure. RNT Associates, established in 2009, has notably invested in prominent Indian startups like Ola Electric and Urban Company. ...Less

SoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This sign ...More

SoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a bridge loan, underscores OpenAI's importance to SoftBank's portfolio, contributing to a substantial profit increase. However, the news comes as the New York Times reported delays in OpenAI's IPO, impacting investor sentiment and SoftBank's stock. ...Less

The sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company a ...More

The sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transaction has allowed several early backers to partly cash out at a time when large private market exits remain scarce, and venture funds are under pressure to return capital to their investors. ...Less

India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. W ...More

India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India's startup ecosystem saw slower growth in new unicorns, though several went public. Artificial intelligence is driving massive valuations across sectors, significantly boosting the AI and cybersecurity industries worldwide. ...Less

JM Financial anticipates significant shifts in the MSCI India Standard Index. Laurus Labs and Biocon are ...More

JM Financial anticipates significant shifts in the MSCI India Standard Index. Laurus Labs and Biocon are flagged as high-probability additions from the Small Cap Index, while Ather Energy and SAIL are medium-probability candidates. SBI Card faces a high probability of exclusion. These potential changes could lead to substantial passive fund inflows into India, estimated around $3.2 billion, impacting institutional investors. ...Less

Mutual funds showed significant interest in midcap stocks during May, with Lenskart Solution leading the ...More

Mutual funds showed significant interest in midcap stocks during May, with Lenskart Solution leading the pack in net buying. JSW Energy, Billionbrains, Yes Bank, and Premier Energies also saw substantial inflows. This trend highlights a strategic shift by fund managers towards these growing companies, indicating potential investment opportunities for the broader market. ...Less

Lenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block d ...More

Lenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 Trust paring its holding. Despite recent exits, brokerages remain optimistic about Lenskart's long-term growth, citing its integrated model and international expansion. ...Less

Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore ...More

Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank's recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes after Lenskart's IPO lock-in period expired. ...Less

Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dh ...More

Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through its investment vehicle, sold a portion of its shares. This follows a similar stake sale by SoftBank. Despite early investors reducing holdings, Lenskart's revenue surged in the January-March quarter. The company also reported strong full-year financial performance. ...Less

New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, ...More

New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend, signalling a market demand for businesses reinvesting in their future rather than facilitating early exits. ...Less

ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block de ...More

ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds, insurers and foreign investors, reflecting continued confidence in the eyewear retailer’s growth prospects. ...Less

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenska ...More

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale by SoftBank, with the deal structured as a block deal at a slight discount to the current market price. ...Less

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding de ...More

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtech Morning Dispatch. ...Less

Markets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Blo ...More

Markets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Lenskart, Vedanta's demerger, Infosys's CMMI AIM Framework contribution, and RIL's interest in rare-earth minerals were key developments. Analysts eye 23,000 as a crucial support level. ...Less

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart So ...More

Hong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This follows a recent Rs 2,873 crore block deal where SoftBank affiliate SVF II Lightbulb (Cayman) reduced its holding. ...Less

Lenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top ...More

Lenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5. ...Less

Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zi ...More

Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds. ...Less

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold ...More

Lenskart Solutions share price dipped 2% on Thursday as SoftBank affiliate SVF II Lightbulb (Cayman) sold a significant stake. Global and domestic institutional investors, including funds managed by Goldman Sachs and Fidelity, acquired these shares. This transaction, valued at approximately Rs 2,873 crore, saw strong participation. ...Less

Happy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in ...More

Happy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch. ...Less

Top global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian compan ...More

Top global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shift, with IPOs now seen as the start of a longer monetisation cycle, allowing for staggered exits and continued upside for early backers. ...Less

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 ...More

SVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wednesday. The shares were sold at Rs 508.55 apiece, with Goldman Sachs, Fidelity, Quant Mutual Fund, WhiteOak Capital, and other institutional investors among the buyers. SoftBank’s stake has now fallen to 9.88%. ...Less

Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund ...More

Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other stocks while exiting Paytm and three other companies. This move reflects a dynamic approach to capturing growth opportunities within the mid-cap segment. ...Less

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through ...More

Lenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction drew strong institutional interest, while analysts remain positive on Lenskart's growth prospects, technology-led model and expanding international footprint. ...Less

Happy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in tod ...More

Happy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch. ...Less

JioBlackRock Flexi Cap Fund exited Adani Enterprises, Adani Ports and three other stocks in May while add ...More

JioBlackRock Flexi Cap Fund exited Adani Enterprises, Adani Ports and three other stocks in May while adding Tata Motors and 14 new stocks to its portfolio, according to monthly disclosures. The fund sold 40,731 shares of Adani Enterprises worth Rs 9.80 crore and exited 76,122 shares of Adani Ports during the month. ...Less

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significan ...More

Indian markets saw volatility and closed lower on Wednesday. Key companies are in focus due to significant developments. SoftBank reduced its stake in Lenskart. Sebi issued an interim order against Rajesh Exports. Tata Motors revised its Avinya EV strategy. Suzlon Energy is diversifying into battery storage. RIL's subsidiary signed MoUs with the Haryana Government. ...Less

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech ...More

Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5. ...Less

Mutual funds boosted exposure to several outperforming stocks in May 2026, including BSE, Angel One, and ...More

Mutual funds boosted exposure to several outperforming stocks in May 2026, including BSE, Angel One, and Adani Energy. Many of these holdings have generated strong CY26 returns, reflecting sustained institutional confidence. ...Less

Elara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 2 ...More

Elara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 22% upside. The brokerage called the eyewear company a structural compounder with a strong competitive moat and a differentiated full-stack business model. Analysts believe Lenskart is well placed to replicate the growth journey of Titan’s jewellery business and emerge as a category leader in eyewear. ...Less

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with re ...More

Lenskart Solutions shares surged after the eyewear retailer reported a strong Q4FY26 performance, with revenue from operations rising nearly 46% YoY to Rs 2,516 crore. The upbeat earnings prompted bullish brokerage views and target price upgrades, pushing the stock to a near one-month high of Rs 517 on the NSE. The rally added more than Rs 5,235 crore to the company’s market capitalisation, taking its valuation close to Rs 90,000 crore. ...Less

Lenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-Marc ...More

Lenskart reported a significant 46% jump in revenue from operations to Rs 2,515 crore in the January-March quarter, driven by volume expansion and new customer acquisitions. Despite a slight dip in net profit due to a one-time gain in the previous year, the company's operating margin expanded to 21.3%. ...Less

Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue ...More

Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue from operations surged by 46%. The company conducted significantly more eye tests, expanding its market reach. International business also showed robust growth. Lenskart is focusing on premiumization and improving capital efficiency, funding its expansion internally. ...Less

Lenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth ...More

Lenskart is pivoting to a consumer-AI company, making artificial intelligence central to its FY27 growth strategy. The company aims to integrate AI across its value chain, from eye tests and product design to manufacturing and delivery, to enhance customer acquisition and eye-testing capacity. ...Less

Reliance-backed robotics startup Addverb Technologies is looking to raise over $100 million to fund expan ...More

Reliance-backed robotics startup Addverb Technologies is looking to raise over $100 million to fund expansion into humanoid robots, AI and advanced automation. The company, which generates half its revenue overseas, targets a spot among the world's top 10 robotics firms within five years. ...Less

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Mornin ...More

Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch. ...Less

Lenskart share price dropped 3% following a massive Rs 5,315 crore block deal and the expiry of a Rs 51,0 ...More

Lenskart share price dropped 3% following a massive Rs 5,315 crore block deal and the expiry of a Rs 51,000 crore IPO lock-in. Despite a recent social media backlash and policy change regarding religious symbols, the company reported a significant profit surge in Q3 FY26. Investors await Q4 FY26 results. ...Less

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% ...More

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. Despite the stake sale, analysts remain optimistic on Lenskart’s long-term growth, citing strong revenue potential, operational scale and improving profitability outlook. ...Less

Shares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. ...More

Shares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. The company showcased impressive operational growth, with a significant 46% increase in revenue. Lenskart has intensified its eye testing services and is ambitiously spreading its footprint into new cities, while its international ventures are thriving. ...Less

Lenskart shares: Jefferies initiated coverage on Lenskart Solutions with a Buy rating, citing significant ...More

Lenskart shares: Jefferies initiated coverage on Lenskart Solutions with a Buy rating, citing significant growth potential in India's under-penetrated eyewear market. The brokerage highlighted Lenskart's tech-driven, omni-channel model and strong store economics, projecting a 23% upside with a Rs 500 price target. Despite competition, Lenskart's leadership and scale justify its valuation. ...Less

The grey market premium (GMP) for eyewear retailer Lenskart Solutions has crashed to zero, wiping out all ...More

The grey market premium (GMP) for eyewear retailer Lenskart Solutions has crashed to zero, wiping out all pre-listing excitement ahead of its market debut on Monday. ...Less

Lenskart’s upcoming results are closely watched as investors assess growth momentum, margin improvement a ...More

Lenskart’s upcoming results are closely watched as investors assess growth momentum, margin improvement and the impact of its aggressive expansion. Analysts expect steady revenue gains, rising active shoppers and improving store economics. Despite valuation concerns, the long-term opportunity remains strong, supported by an under-penetrated market and Lenskart’s integrated, cost-efficient operating model. ...Less

Lenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market le ...More

Lenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market leadership in India and Asia, and an omnichannel presence. Jefferies highlights profitability, international expansion, and large market potential driving investor interest. ...Less

Lenskart shares rose on their second trading day after a volatile debut, leaving investors debating wheth ...More

Lenskart shares rose on their second trading day after a volatile debut, leaving investors debating whether to buy, sell, or hold. Despite strong listing recovery and robust revenue growth, brokerages like Ambit Capital have turned cautious, citing steep valuations, thin margins, and delayed free cash flow visibility until FY28. ...Less