Lenskart shares drop after ₹3,294 crore block deal
pre-market1 source ↓written by the desknot a recommendation
- at ₹470 each
- 7.2 crore shares
- to the last
- 3.6% discount
Shares of Lenskart Solutions Ltd fell sharply following a block deal of ₹3,293.6 crore involving 7.2 crore shares at ₹470 each, a 3.6% discount to the last close. The deal coincided with the expiry of the six-month IPO lock-in period, prompting selling by major shareholders. The stock opened at ₹487, hitting a low of ₹473.40 before recovering slightly to ₹496.25.
Not investment advice. For informational purposes only.