Lenskart Solutions is set to raise over ₹7,000 crore through its upcoming IPO. The eyewear retailer aims to fund expansion and acquisitions. Despite a growing revenue and a recent profit, the company’s valuation appears high. Lenskart operates in a competitive market with a significant unorganised segment. Investors may observe financial clarity post-listing.
Sensex, Nifty rally over 1% as IT stocks drive broad-based market gains
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed