Lenskart, India’s leading eyewear retailer, launched its Rs 7,278 crore IPO today, aiming to expand its omnichannel presence. With strong financial turnaround and a growing market, the company is poised for significant growth. Analysts suggest a long-term investment opportunity despite rich valuations, citing its integrated supply chain and brand strength.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs