Lenskart’s six-month IPO lock-in expired, prompting existing backers to sell shares worth at least ₹3,861.1 crore through multiple block deals. NSE data shows sales of at least 8.15 crore shares at ₹473.4 each. The deals were executed about 3.7% below the stock’s BSE closing price, even as the shares ended the day slightly higher.
National Stock Exchange of India has declared a Rs 35 per share dividend for FY26, including a special Rs 10 payout. The announcement comes alongside 8% profit growth and a 22% rise in revenue, supported by stronger transaction income and EBITDA gains, even as some annual income trends remained mixed.
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Meta’s quarterly earnings reaction appeared weaker as Alphabet, Amazon and Microsoft showed stronger AI momentum, according to reports from Wednesday’s results. While the broader tech group pushed AI across products and cloud, investors seemed to favor firms demonstrating faster execution and clearer AI impact, leaving Meta lagging in market confidence.
Adani Total Gas shares surged 8% to a seven-month high after the company posted better-than-expected Q4 results. Net profit rose 9% in the January-March quarter of FY26, while revenue climbed 17% year-on-year on higher volumes. The stock’s rebound was further boosted by an announced dividend to shareholders.
The National Stock Exchange (NSE) has sold about a 1% stake in Indian Gas Exchange (IGX), India’s first online delivery-based natural gas trading platform, citing compliance with regulatory requirements. Sources say the offloading was prompted by norms that restrict ownership levels, making this small move a potential indicator of further regulatory pressure on market structures.
Lovable Lingerie has emerged as one of the standout performers among newly listed stocks, with shares doubling in value. Traders appear to be positioning for another success story, drawing comparisons to Page Industries, another high-flying stock. The rally has made the company the third-best performer among listings this year, fueling fresh speculation on its next leg of growth.
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