{
  "id": 8861953,
  "title": "Lenskart down 3% as Platinum Jasmine drops lens",
  "url": "https://urgent.news/2026/09/21/lenskart-down-3-as-platinum-jasmine-drops-lens",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T04:31:32.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/lenskart-shares-drop-3-after-3-crore-shares-change-hands-in-block-deal-platinum-jasmine-likely-seller/articleshow/134379757.cms"
  },
  "original_language": "en",
  "account": "Lenskart Solutions shares fell by more than 3% on Monday following a large block trade of over 3 crore shares, which may have been conducted by Platinum Jasmine. The stock reached Rs 683 per share on the NSE on Monday, ending a two-day uptrend. The eyewear retailer has gained over 58% so far in 2026. A block deal saw around 3.53 crore shares, constituting a 2% stake in Lenskart, traded on Monday. The buyer and seller identities remain undisclosed. Reports suggest Platinum Jasmine planned to sell up to 3 crore shares, accounting for roughly 1.7% of the company's equity. The deal valued over Rs 2,047 crore, with Platinum Jasmine likely selling at Rs 682.45 per share, a 3% discount to Lenskart's prior closing price. Platinum Jasmine once held nearly 10% of Lenskart at the end of FY27's April-June quarter, per company data.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Lenskart shares drop 3% after 3 crore shares change hands in block deal; Platinum Jasmine likely seller",
        "url": "https://urgent.news/2026/09/21/lenskart-shares-drop-3-after-3-crore-shares-change-hands-in-block",
        "published": "2026-09-21T04:31:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}