SoftBank Sells 2.6% Stake in Lenskart for Rs 2,888 Crore in Block Deal
SoftBank Group has sold a 2.58 percent stake in eyewear retailer Lenskart for approximately Rs 2,888 crore through block deals, reducing its holding from 9.86 to 7.28 percent. This follows a previous sale in June of a 3.25 percent stake. The shares were sold at an average price of Rs 641.75 each to a mix of domestic and foreign institutional investors, including Societe Generale and several mutual funds. SoftBank's total returns from Lenskart investments now stand at about 5.7 times.
First-hand measurement across 4 sources
We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 47/100.
Outlets measured: economictimes, economictimes, moneycontrol, news18. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
news18 broke this story on 24 Aug, 03:18 pm. Other outlets followed.