Lenskart CEO Peyush Bansal to earn a 21x profit through his stake sale
Lenskart CEO Peyush Bansal will offload 2.05 crore shares in the offer for sale (OFS) portion, priced at the upper end of ₹402 per share.
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United Spirits tops Nuvama’s FMCG picks; Abneesh Roy expects fresh highs ahead
Abneesh Roy, Executive Director at Nuvama Institutional Equities, outlined four key reasons for his optimism about the alcoholic beverage sector: rising disposable incomes driven by GST cuts, stable raw material costs, the upcoming UK tax benefit in FY27, and sustained…
GAIL Q2 Results: Net profit and revenue beat expectations; margin narrows sequentially
EBITDA for the quarter came in at ₹3,191 crore, marginally below the previous quarter’s ₹3,334 crore but ahead of the estimated ₹3,071 crore.
Study reveals how India invests in crypto and who’s making the most gains
The report, based on data from over 2.5 crore CoinSwitch users, highlights that Gen Z (aged 18–25) has overtaken millennials for the first time as the largest segment of India’s crypto investor base.
Stock market ends four-week winning streak as profit-taking hits; PSU banks buck the trend
The NSE Nifty 50 index fell 0.3% for the week to close at 25,722, while the S&P BSE Sensex slipped 0.3% to 83,939. The Nifty reversed gains made earlier in the week, dropping over 450 points in the last two…
Sammaan Capital Q2 net profit slips 8% sequentially; revenue contracts 6%
Revenue from operations dropped 6.2% year-on-year to ₹2,251 crore from ₹2,400.3 crore in the corresponding quarter last year. Shares of Sammaan Capital Ltd ended at ₹187.70, up by ₹3.20, or 1.73%, on the BSE.
Lenskart IPO Day 1: Retail portion sees full subscription; overall bids at 62%
Ahead of the IPO, Lenskart had raised ₹3,268 crore from 147 anchor investors. The issue will remain open for subscription until November 4.
Jensen Huang’s viral fried chicken and beer night with Samsung, Hyundai chiefs in South Korea moves markets
Videos of the three tech leaders enjoying Chimaek, a popular combination of fried chicken and beer, at Kkanbu Chicken in Seoul is getting a lot of love from tech enthusiasts and is driving up stocks of fried chicken restaurant chains…
Intellect Design Q2 Results: Net profit jumps 94% to ₹102 crore; margin expands
EBITDA nearly doubled, climbing 90% to ₹153.44 crore, while margins expanded sharply to 20.24%, up from 14.46% in the previous year.
Maruti Suzuki Q2 Results: Revenue beats expectations, margins narrow on expected lines
Maruti Suzuki’s EBITDA margin for the quarter narrowed to 10.5% from 11.8% from last year. The narrowing of margins was on expected lines as the CNBC-TV18 poll had projected the figure to be 10.6%.