Daily Headlinez Top News Updates
Morgan Stanley has an overweight rating on Reliance Industries (RIL) with the target price at Rs 1,803. Analysts said RIL has pivoted every decade in its nearly 48 years of listed history. Its vision to invest $110 billion in AI, related energy supply and the digital ecosystem over seven years is the next major shift…
In the Indian startup ecosystem, one constantly hears about how IITs and BITS produce some incredible founders. But there is a large cohort of founders that doesn’t get as much airtime despite quietly outperforming any single IIT when it comes to unicorn creation. Meet the BARBIE founders — those who did their Bachelors Abroad and…
The year 2025 was a watershed year for the country’s primary markets. Companies from different industries lined up to list on the stock exchanges, thus raising a record Rs. 1.75 lakh crore through mainboard public issues, along with another Rs. 11,429 crore through SMEs.Although as the year ended, a different picture came up. Nearly half…
Jefferies has initiated its coverage of Groww with a buy recommendation and a target price of Rs 180. Analysts said Groww is the largest broker in India in terms of active clients, despite starting the business in FY21. They believe Groww has several levers to drive 35% compounded annual growth rate (CAGR) of its earnings…
Representative image (AI-generated) Jefferies initiated its coverage on Lenskart with a buy rating and the target price at Rs 500. Analysts said that Lenskart, India’s largest tech-driven eyewear retailer, holds just about 5% market share, offering strong growth potential. Its vertically integrated omni-channel model ensures cost efficiency, rapid delivery, and superior customer experience, they said….
MUMBAI: Tech-driven eyewear solutions company Lenskart listed on the bourses on Monday at 3% discount to its IPO price of Rs 402 but closed the session at Rs 403.3, marginally above its offer price. In the run-up to the IPO, there were concerns that the company’s stocks were being sold at a very high valuation,…
Lenskart IPO: Eyewear retailer Lenskart is set to make its stock market debut, with its initial public offering (IPO) opening for subscription on October 31 and closing on November 4.Lenskart, founded in 2008, operates over 2,500 stores across India, the Middle East, and Southeast Asia, and has evolved into a global omnichannel eyewear retailer.The listing…
With Nifty hovering close to record highs and investor sentiment remaining upbeat, the primary market is set for a new phase, where five major companies are preparing to raise nearly Rs 35,000 crore through IPOs over the next two months.The lineup features some of the country’s most prominent consumer and fintech brands—Lenskart, Groww, Pine Labs,…
NEW DELHI: Securities and Exchange Board of India (Sebi) has approved eyewear retailer Lenskart’s draft red herring prospectus (DRHP) to launch its initial public offering (IPO), marking the way for a major milestone in the company’s growth journey. The Gurugram-based firm plans to file its updated prospectus in the coming weeks, with a target to…
