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NESO Brand, Singapore (NESO), a wholly owned subsidiary of Lenskart Solutions, on 23 September 2026, made a further investment of EUR 0.248 million (equivalent to approximately Rs 2.71 crore) and acquired an additional 2.52% stake through primary subscription in Le Petit Lunetier Paris SAS, France (LPL), which is a French eyewear brand and among the existing portfolio of eyewear brands sold by the company. LPL is an existing associate entity of NESO and an indirect associate of the Company.
Earlier, NESO had acquired an additional 2.77% stake in LPL for EUR 0.25 million (equivalent to approximately Rs 2.77 crore) on 30 April 32026.
Accordingly, pursuant to the aforesaid acquisitions, the aggregate shareholding of NESO in LPL has increased from 29.05% to 34.34% of the fully diluted share capital of LPL, representing an aggregate increase of 5.30%.
L T Foods Ltd, Jubilant Pharmova Ltd, Vishal Mega Mart Ltd, Hexaware Technologies Ltd are among the other stocks to see a surge in volumes on BSE today, 24 August 2026.
Lenskart Solutions Ltd recorded volume of 451.5 lakh shares by 10:45 IST on BSE, a 22.82 times surge over two-week average daily volume of 19.79 lakh shares. The stock lost 0.59% to Rs.657.65. Volumes stood at 4.03 lakh shares in the last session.
L T Foods Ltd saw volume of 2.65 lakh shares by 10:45 IST on BSE, a 7.36 fold spurt over two-week average daily volume of 36025 shares. The stock increased 10.10% to Rs.470.40. Volumes stood at 27636 shares in the last session.
Jubilant Pharmova Ltd witnessed volume of 1.45 lakh shares by 10:45 IST on BSE, a 7.23 times surge over two-week average daily volume of 20007 shares. The stock increased 2.17% to Rs.898.25. Volumes stood at 11654 shares in the last session.
Vishal Mega Mart Ltd clocked volume of 119.18 lakh shares by 10:45 IST on BSE, a 5.7 times surge over two-week average daily volume of 20.93 lakh shares. The stock gained 9.60% to Rs.113.55. Volumes stood at 61.05 lakh shares in the last session.
Hexaware Technologies Ltd recorded volume of 83433 shares by 10:45 IST on BSE, a 5.32 times surge over two-week average daily volume of 15669 shares. The stock gained 4.27% to Rs.555.85. Volumes stood at 15568 shares in the last session.
Physicswallah Ltd, Leela Palaces Hotels & Resorts Ltd, Voltas Ltd, Ipca Laboratories Ltd are among the other stocks to see a surge in volumes on BSE today, 17 August 2026.
Lenskart Solutions Ltd recorded volume of 63.52 lakh shares by 10:46 IST on BSE, a 15.35 times surge over two-week average daily volume of 4.14 lakh shares. The stock lost 0.48% to Rs.609.25. Volumes stood at 3.16 lakh shares in the last session.
Physicswallah Ltd notched up volume of 19.3 lakh shares by 10:46 IST on BSE, a 8.03 fold spurt over two-week average daily volume of 2.40 lakh shares. The stock rose 6.44% to Rs.124.75. Volumes stood at 2.79 lakh shares in the last session.
Leela Palaces Hotels & Resorts Ltd saw volume of 3.06 lakh shares by 10:46 IST on BSE, a 6.8 fold spurt over two-week average daily volume of 45070 shares. The stock dropped 1.04% to Rs.504.70. Volumes stood at 1.1 lakh shares in the last session.
Voltas Ltd clocked volume of 1.79 lakh shares by 10:46 IST on BSE, a 5.48 times surge over two-week average daily volume of 32729 shares. The stock lost 3.21% to Rs.1,282.45. Volumes stood at 1.12 lakh shares in the last session.
Ipca Laboratories Ltd notched up volume of 2.27 lakh shares by 10:46 IST on BSE, a 5.1 fold spurt over two-week average daily volume of 44430 shares. The stock rose 6.42% to Rs.1,845.00. Volumes stood at 60016 shares in the last session.
The Nifty traded below the 24,350 mark, while sentiment remained subdued amid a lack of strong directional cues. Investors continued to monitor movements in crude oil prices, Gold and developments on the global geopolitical front for further indications on the market's near-term trajectory.
Barring the media index, all sectoral indices on the NSE traded in the red, led by declines in pharma, PSU Bank and consumer durables stocks.
At 09:25 IST, the barometer index, the S&P BSE Sensex declined 179.88 points or 0.23% to 77,785.81. The Nifty 50 index fell 91.65 points or 0.38% to 24,344.30.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 0.25% and the BSE 250 SmallCap Index jumped 0.30%.
The market breadth was strong. On the BSE, 1,834 shares rose and 1,190 shares fell. A total of 215 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 1,002.50 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,841.66 crore in the Indian equity market on 12 August 2026, provisional data showed.
Numbers to Track:
The yield on India's 10-year benchmark federal paper was unchanged at 6.777.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 95.3600 compared with its close of 95.3325 during the previous trading session.
MCX Gold futures for 5 October 2026 settlement shed 0.05% to Rs 1,54,808.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.01% to 100.
The United States 10-year bond yield advanced 0.60% to 4.664.
In the commodities market, Brent crude for October 2026 settlement fell 72 cents or 0.81% to $88.26 a barrel.
Stocks in Spotlight:
GMR Airports declined 0.82%. The company reported consolidated net profit of Rs 91 crore in Q1 FY27, compared with a loss of Rs 211.6 crore in Q1 FY26. Consolidated revenue rose 23.7% YoY to Rs 3,964 crore from Rs 3,205.2 crore.
Gujarat Pipavav Port added 2.07% after the company reported a 41.8% YoY increase in consolidated net profit to Rs 147.9 crore in Q1 FY27, compared with Rs 104.3 crore in Q1 FY26. Consolidated revenue rose 32.6% YoY to Rs 331.8 crore from Rs 250.1 crore.
Lenskart Solutions jumped 4.67% after the company reported a 269.2% YoY surge in consolidated net profit to Rs 221.8 crore in Q1 FY27, compared with Rs 60.1 crore in Q1 FY26. Consolidated revenue increased 43.3% YoY to Rs 2,714.2 crore from Rs 1,894.5 crore.
Global Markets:
Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes.
U.S. consumer prices increased 0.1% in July, in line with widely reported expectations, data showed on Wednesday. The small increase could weaken the argument for an interest rate increase from the Fed next month. Money markets are predicting a 40% chance of a rate hike, down from 54% a week ago, according to CME Group's FedWatch.
Meanwhile, oil held near $88 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.
Wall Street ended mixed overnight, with the Nasdaq Composite and the S&P 500 eking out small gains while the Dow Jones Industrial Average slipped. Upbeat quarterly results from CoreWeave and other AI infrastructure firms coupled with mild inflation data provided support to the investor sentiment.
The S&P 500 climbed 0.26% to end the session at 7,748.50 points. The Nasdaq gained 0.54% to 26,588.49 points for the session, while the Dow Jones Industrial Average declined 0.04% to 53,770.27 points.
CoreWeave surged 19% after the AI cloud company lifted its annual capital spending forecast and topped second-quarter earnings estimates.
Data center operators also rose, with IREN gaining almost 10% and Applied Digital up 4.9%. Data center company Nebius Group jumped 34%, helped by second-quarter results that beat expectations.
Super Micro Computer surged 19% after the AI server maker forecast fiscal 2027 revenue above Wall Street expectations. Chipmakers also gained, with Nvidia rising 3% and Micron Technology adding 4.9%.
EBITDA increased 61.3% YoY and 9.9% QoQ to Rs 589 crore in Q1 FY27. EBITDA margin stood at 21.7% compared with 18% in Q1 FY26 and 21.3% in Q4 FY26. EBITDA before Ind AS 116 increased 95.1% YoY and 12.1% QoQ to Rs 361 crore, with margin expanding to 13.3% from 9.1% in Q1 FY26 and 12.8% in Q4 FY26.
Profit before tax increased 200.45% YoY and 17.86% QoQ to Rs 299.61 crore in Q1 FY27.
Total expenditure increased 35.35% YoY and 7.31% QoQ to Rs 2,430.33 crore. Raw material consumed increased 23.20% YoY to Rs 631.18 crore. Employee expenses increased 28.73% YoY to Rs 599.36 crore. Interest expense increased 29.61% YoY to Rs 53.19 crore. Depreciation increased 28.47% YoY to Rs 304.63 crore. Tax expense increased 77.88% YoY to Rs 88.55 crore.
Product margin increased to 70.3% in Q1 FY27 from 68.7% in Q1 FY26 and 69.6% in Q4 FY26. The company conducted 71.2 lakh eye tests in Q1 FY27, up 39.8% YoY, while eyewear units sold increased 25.7% YoY to 105.3 lakh. Quarterly transactional customer accounts increased 20.4% YoY to 56.4 lakh.
The company added 132 net new stores during Q1 FY27, taking total active stores to 3,459. India added 116 net new stores, including 83 in Tier 2+ cities, and entered 50 new cities. International operations added 16 stores.
India revenue increased 30.7% YoY, while international revenue grew 38% YoY in Q1 FY27. India delivered 18.3% same-store sales growth (SSSG), while same pin code sales growth (SPSG) stood at 24.3%.
Lenskart Gold active members reached 93.5 lakh, while subscription fees increased 57.4% YoY to Rs 66 crore. India average selling price increased 6.4% YoY to Rs 1,856.
Operating cash flow stood at Rs 297 crore in Q1 FY27, exceeding capex of around Rs 207 crore and leaving net cash flow of Rs 116 crore before M&A and equity. ROCE improved to 23.2% from 14.6% in FY26.
Lenskart founder and CEO Peyush Bansal said the company is focused on building the eyewear market rather than simply competing for existing demand, with around 94 crore Indians expected to need eyeglasses. He said the company has built capabilities across technology, manufacturing, supply chain, optometry, brands and data over the past decade to serve customers across income groups and geographies.
He also pointed to faster-than-expected customer premiumisation, while noting the company's success in offering profitable Rs 500 eyewear.
Looking ahead, Bansal said Lenskart is expanding beyond traditional eyewear through self-eye testing and smart glasses. He said the company's long-term ambition is to build the 'infrastructure of vision', combining eyewear, eye care, AI and data to improve access to vision care.
Lenskart Solutions is engaged into designing, manufacturing, branding, and retailing of own-branded eyewear products. The company sells prescription eyeglasses, sunglasses, and other products including contact lenses and eyewear accessories.