Lenskart Block Deal: ADIA Arm To Sell Rs 2,047-Crore Stake At 3.5% Discount, Say Sources
A institutional flows development with market-wide reach.
· NDTV Profit
Platinum Jasmine A will sell shares equivalent to a 1.7% stake in the eyewear retailer.
The analysis
This is a Promoter stake / pledge event. Promoters transact with better information than the market. Direction against the price trend is the signal — accumulation into weakness reads differently from a sale into strength.
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