{"id":301632,"date":"2026-10-12T11:51:36","date_gmt":"2026-10-12T06:21:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=301632"},"modified":"2026-10-12T11:51:36","modified_gmt":"2026-10-12T06:21:36","slug":"lenskart-share-price-falls-5-percent-block-deal-alpha-wave-47-percent-gain-in-2026-what-should-investors-do","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lenskart-share-price-falls-5-percent-block-deal-alpha-wave-47-percent-gain-in-2026-what-should-investors-do\/","title":{"rendered":"Lenskart Share Price Tumbles 5% on Block Deal Despite 47% Gain in 2026: Alpha Wave Likely Seller, Rs 640 Floor Price, Q2 Preview and What Investors Should Do"},"content":{"rendered":"

Lenskart share price: prev close Rs 677.85, open Rs 650, low Rs 643.75 (-5.0%, my calculation). Block deal floor Rs 640, up to 1.6% equity, Alpha Wave likely seller (unconfirmed). Record high Rs 725 on 18 Sep. Q2 revenue seen up 30% to 34%.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Lenskart share price fell about 5% on 12 October after reports of a block deal, opening at Rs 650 against a previous close of Rs 677.85 and touching a low of Rs 643.75, even though the stock is up about 47% in 2026 while the Sensex is down about 15%. Media reports say Alpha Wave Ventures LP is the likely seller, with a base deal of about 1.51 crore shares and an option to upsize to roughly 2.64 crore shares, or up to 1.6% of the equity, at a floor price of Rs 640, but the seller and buyers were not confirmed. A block deal changes who owns the shares and not the business, so the fall reflects supply and the discount, and the Lenskart share price will be judged next on Q2 results, where brokerages expect revenue growth of 30% to 34%. Investors with a long horizon can focus on growth, margins and store expansion, and those who bought near the Rs 725 record high can plan around their own risk limits.<\/p>\n<\/p><\/div>\n

The Lenskart share price was one of the strongest large listings of the past year, and it hit a record high of Rs 725 on 18 September 2026. A 5% drop on a block deal day therefore raises a simple question: is this a buying chance or a warning?<\/p>\n

This article explains what a block deal is, what was reported on 12 October, how the stock moved, what brokerages expect in Q2 and what investors can consider, with unverified details clearly marked.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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