What is the story about?
Lenskart's shares began trading at ₹395, a slight dip from the IPO price of ₹402. This article delves into the initial market behavior following the listing, offering insights into the stock's early performance.
Initial Listing Overview
The Lenskart IPO saw its shares listed on the market at a price of ₹395. This initial trading price represented a 1.7% decrease when compared to the original
issue price of ₹402. Investors and market watchers were keen to observe the stock's performance after its debut, which reflected a cautious sentiment at the opening bell. The slight underperformance from the issue price indicated an immediate assessment by the market, setting the stage for subsequent trading activity. This beginning performance is critical for understanding the direction and potential volatility the stock might experience in its early stages of trading.
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