ICICI Securities has initiated coverage on Lenskart Solutions with a BUY rating and a 12-month target of Rs 850, implying about 23 percent upside from the current price of Rs 693.
Motilal Oswal Financial Services has initiated coverage on Lenskart Solutions with a BUY recommendation and a target price of Rs600, citing structural growth drivers, margin expansion potential, an
Lenskart, a dominant player in the eyewear industry, has made a strategic move into the e-sports arena by acquiring the Delhi franchise for the second season of the Global e-Cricket Premier League
Eyewear company LensKart has received $100 million investment from private equity firm ChrysCapital for its expansion plans outside India. LensKart currently operates over 2,000 stores.