Lenskart’s IPO is generating significant discussion. Deepak Shenoy, CEO of Capitalmind Asset Management, noted the drama and unpredictability of IPO markets, drawing parallels to Honasa’s IPO. Lenskart’s valuation has raised eyebrows, with some fund houses clarifying their investment decisions. The eyewear retailer’s IPO opened for subscription recently.
Venugopal Garre on AI, earnings and why India’s market valuations may stabilize
Global markets face turbulence from geopolitical tensions and rising oil prices. Venugopal Garre advises investors to adopt a long-term perspective, building portfolios for the next