Lenskart block deal: Platinum Jasmine may offload 1.7% Rs 2,047 cr stake
Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoin’s lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.
Indian eyewear firm Lenskart Solutions may soon undergo another block deal, with the possibility of platinum investor Platinum Jasmine selling up to 1.7% of the company's equity. The proposed deal is valued at Rs 2,047.40 crore, with Platinum Jasmine expected to offload shares at Rs 682.45 each, a discount of up to 3.42% from the current market price of Rs 706.60 on the BSE. The seller is currently bound by a 90-day lock-up period for any additional stake sales.
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