Sources told CNBC-TV18 on Thursday evening that some existing investors are planning a clean-out trade in Lenskart, by looking to sell up to 70.2 million shares worth nearly $350 million via a block deal on Friday.
Brent crude closed above the mark of $100 having slipped below those levels early Thursday, while the US crude is trading with gains of over 2.5% in Asian trading on Friday.
Shell CEO Wael Sawan warned that the oil market is currently facing a shortage of 1 billion barrels, and the situation is only getting worse every passing day with the closure of the Strait of Hormuz.
Indian auto stocks rally as Maruti Suzuki, Mahindra and others post strong FY26 results, give upbeat FY27 volume guidance, valuations still below long term averages
United Breweries Limited says an employee inadvertently shared draft annual results with one individual, but final results were soon disclosed and no further SEBI action is required
Shares of Pace Digitek Ltd ended at ₹186.05, up by ₹5.95, or 3.30%, on the BSE.
The block deal price is at a 3.6% discount to the current market price. Separately, it has been noted that the lock-in period for the IPO ends tomorrow, May 8. Shares of Lenskart Solutions Ltd ended at ₹488.00, down by…
Suryoday Small Finance Bank reported a return to profitability in Q4, supported by strong net interest income growth and improving asset quality, while the board also recommended a final dividend.
FMC Corporation will divest its India crop protection business to Crystal Crop Protection for $252 million, confirming CNBC-TV18’s earlier newsbreak on the transaction.
Shares of Mahanagar Gas Ltd ended at ₹1,179.60, up by ₹11.00, or 0.94%, on the BSE.