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EYEWEAR MARKET COMPETITION
Lenskart shares in focus after Viridian completes stake transfer from Copthall MauritiusHong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This foll...- Lenskart to become eyewear industry's Tanishq? Elara makes big predictionElara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 22% upside. The brokerage called th...
- Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd BankMarkets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downsid...
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
- Early Lenskart investor Alpha Wave trims stake by 2.5% in open marketAlpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. D...
- The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
- Half of new-age listings fall below issue price amid market volatilityNew-age firms listed over the past year remain under pressure from US-Iran tensions and volatile markets, with many trading below issue pri...
- Buy, Sell or Hold: Morgan Stanley initiates coverage on Shadowfax; Goldman Sachs starts tracking LenskartGlobal brokerage firms Morgan Stanley and Goldman Sachs have turned constructive on select new-age and consumption-focused companies, citin...
- Lenskart climbs 4% after Jefferies initiates coverage with buy rating. Check latest target priceLenskart shares: Jefferies initiated coverage on Lenskart Solutions with a Buy rating, citing significant growth potential in India's under...
- Lenskart valuations way too high, stock could see sharp correction, says Dharmesh KantLenskart’s muted stock market debut despite 20x oversubscription reflects overvaluation concerns, says Dharmesh Kant, Head of Equity Resear...
- Lenskart shares to debut on Dalal Street tomorrow. What should investors expect?Eyewear retailer Lenskart Solutions will make its much-awaited stock market debut on Monday, but investor euphoria has cooled sharply.
- Lenskart IPO GMP crashes 70% from peak. Will it defy odds to reward investors with listing gains?Lenskart's IPO grey market premium has dropped 70% from its peak, signaling investor caution despite strong subscription numbers. Analysts ...
- ET Awards: We are driven by the purpose of giving vision to people: Peyush BansalLenskart's CEO, Peyush Bansal, has led the company's growth to over 2,500 stores while maintaining operational efficiency. The 2022 acquisi...
- ET Corporate Awards | Businesses need to be built around a purpose and mission: Lenskart CEO Peyush BansalGurgaon-based Lenskart managed to balance rapid scale with operational performance, growing to more than 2,500 stores in India and Southeas...
- Titan Q2 Preview: Profit likely to decline up to 27% on one-time exceptional chargeAnalysts are anticipating a 25% growth in the core jewelry segment of Titan, driven by both volume and price increases. Despite the reducti...
- PE fund ChrysCapital invests $100 million in eyewear retailer LenskartIn March, Abu Dhabi Investment Authority (ADIA), the Gulf Sovereign wealth fund (SWF), had invested $500 million in the company.
- Ecommerce order volumes grow a whopping 37% in 2022Tier 3 markets like Udaipur, Roorkee, Rohtak grew 64.7% while Tier 2 markets clocked 51% uptick, says a report by Unicommerce
- Lenskart FY19 loss narrows, topline jumps 56%Total expenses for fiscal year 2019 came in at Rs 514.52 crore, up about 20% compared to the year-ago period when expenses were at Rs 429 c...
- Jewellery will continue to power top-line growth, says Bhaskar Bhat, Titan"The jewellery category is a $40 billion category and at 5% market share our future growth will be ensured in a way," Bhaskar Bhat said
- Titan has 60-65 per cent market share in wrist watch segment"Titan commands a market share of 60-65 per cent in wrist watch segment," company's Associate Vice President and Business Head (West) K S G...
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