 "Initial public offerings (IPOs)")
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ICICI Pru AMC net profit up 6.1% in Q2
ICICI Prudential Asset Management Company (AMC) on Monday reported a 6.1 per cent year-on-year (Y-o-Y) rise in profit after tax (PAT) at ₹889 crore in the second quarter (Q2) of the financial year. Revenue from operations rose 16.3 per cent Y-o-Y to ₹1,674 crore, while expenses grew 18 per cent and tax payout surged 21 per cent. Compared to Q1, profit was down 7.8 per cent.
Alpha Wave sells 1.52% stake in Lenskart
Alpha Wave Ventures LP sold a 1.52 per cent stake in Lenskart Solutions for ₹1,704.8 crore through a block deal on Monday, according to official exchange data. The investor offloaded 26.4 million shares at an average price of ₹645.3 apiece. The name of the buyers were not known. Lenskart shares closed 4.3 per cent lower in NSE.
First Published: Oct 12 2026 | 11:24 PM IST
