Lenskart Solutions falls on ₹1,895 crore block deals
In short
Lenskart Solutions shares dropped 5% after ₹1,895 crore of block deals. The report says Alphawave was likely the seller, and other existing shareholders have been selling over the last two months.
This matters because large block sales can pressure a stock after listing. The report does not confirm the final seller or say who bought the shares.
What the reporting says
Lenskart Solutions shares fell 5% after ₹1,895 crore block deals, with Alphawave identified as a likely seller in the headline. The CNBC TV18 summary says multiple existing shareholders have been offloading shares over the last two months as the stock kept hitting post-listing highs, and that Alphawave had already sold some stake in August. The reporting does not confirm the final seller or the full buyer list.
Why it matters
Lenskart Solutions shares fell 5% after ₹1,895 crore in block deals, with Alphawave named as a likely seller in the headline. The summary says existing shareholders have been trimming stakes over the last two months even as the stock reached new post-listing highs, and that Alphawave had sold some stake in August. The report does not confirm the full ownership changes behind the deal.