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The Economic Times

Debaroti Adhikary

Lenskart shares fall 1.5% after Rs 1,856 crore stake change hands in block deal, Alpha Wave Ventures likely seller

Lenskart SoftBank Jefferies Lenskart Solutions NSE

The shares of Lenskart Solutions dropped around 1.5% on Friday after 2.95 crore shares worth Rs 1,857 crore were traded in the block deal, with Alpha Wave Ventures likely being one of the sellers.

The block deal was done at Rs 630 apiece, implying around 2% discount to the stock’s previous closing price of Rs 640.6 apiece. The shares of the company dropped to Rs 630.10 apiece on BSE on Friday morning.

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