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Lenskart shares in focus after Q2 revenue jump

Original: lenskart share price

Lenskart's share price is drawing attention after the eyewear company reported Q2 revenue growth of 36 per cent to Rs 2,845 crore. Investors are also watching news that backer Alpha Wave could sell a 1.6 per cent stake worth around Rs 1,691 crore, a move that could affect the stock's supply and sentiment in the market.

Why now: Strong Q2 revenue results combined with a large stake sale by an early investor are driving investor interest in the stock.

LenskartAlpha WaveIndian stock market

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Evidence

• Lenskart outlines roadmap for 25% Ebitda margin, says growth will take priority · The Economic Times
• Lenskart Q2 revenue rises 36 per cent to Rs 2,845 crore · Indian Television Dot Com
• Alpha Wave might sell 1.6% stake in Lenskart for ₹1,691cr · NewsBytes

API: https://socialmediatrends-api.osmike.com/v1/trends/1938236