Lenskart stock gets 'Buy' rating from Emkay Global with ₹525 target as brokerage highlights market leadership, tech edge and strong growth outloo
Lenskart Singapore will be investing in iiNeer, a Korea-based startup that is focused on developing technology-enabled eye-testing and lens-cutting equipment
Lenskart Solutions shares rose on Tuesday after the company's subsidiary approved the acquisition of a 50 per cent stake in Marco Optical
The unorganised dominance and lower usage of eyewear products create a significant opportunity for branded players like Lenskart to increase their market share domestically
The expiry of anchor lock-ins is closely tracked by market participants as it can influence post-IPO stock performance
Recently listed eyewear retailer Lenskart posted a nearly 20 per cent year-on-year (Y-o-Y) jump in net profit for the September quarter, reaching ₹103.5 crore
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Eyewear retailer reports strong quarterly results, sees growth driven by first-time users, expanding prescription demand and upcoming smart glasses launch
The brokerage said Lenskart's vertically integrated omnichannel model; spanning design, manufacturing and retail; drives cost efficiency, faster delivery and a superior customer experience.
Launch of the Barcelona-born label strengthens the company's house-of-brands strategy amid rising demand for fashion-forward eyewear
Lenskart share price: Analysts offered mixed opinions on Lenskart, with some advising investors to hold for the long term, while others suggested booking losses and exiting.
On the BSE, the Lenskart shares opened at ₹390, a discount of 3 per cent. Post-listing, the stock fell nearly 9 per cent from the issue price to a low of ₹355.7
Lenskart is set to debut on the stock market today after the successful completion of its ₹7,278 crore initial public offering