Lenskart Solutions Records Block Trades on BSE and NSE Worth Rs 443.58cr 3 days ago
Lenskart Solutions recorded notable block trade activity on both BSE and NSE. The BSE trade involved approximately 1332173 shares at Rs 556 per share, totalling Rs 74.07cr, while the NSE trade covered approximately 6780015 shares at Rs 545 per share, amounting to Rs 369.51cr, bringing the combined transaction value to Rs 443.58cr.
JPMorgan Initiates Coverage on Lenskart with Overweight Rating and Target Price of ₹635 4 days ago
Lenskart Solutions Stock to See Addition of $89M (Rs 8.4B) in FTSE Index Rejig Today at 3pm
Lenskart Solutions is set to see an addition of $89M (Rs 8.4B) as part of the FTSE Index rebalancing exercise effective today at 3pm. The development is expected to result in notable passive fund inflows into the stock as index-tracking funds adjust their portfolios in line with the updated FTSE Index composition.
15Jun 26
UBS Initiates Buy Rating on Lenskart with Target Price of ₹730, Highlights Dominant Market Position and Strong Earnings Outlook
UBS has initiated a Buy rating on Lenskart with a target price of ₹730, citing its tech-enabled vertically integrated model and disruptive pricing at nearly half of peers. The company's India business is approximately 6x the size of Titan's eyewear segment, highlighting its dominant market leadership. Financially, Lenskart reports a strong 69% gross margin and an 11% pre-Ind-AS EBITDA margin. UBS expects the company to deliver an EPS CAGR of 44% over FY26–31, driven by scale-led earnings expansion.
Macquarie Maintains Outperform Rating on Lenskart with ₹600 Target Price, Flags 35%+ EBITDA CAGR Potential
Macquarie has maintained an Outperform rating on Lenskart with a target price of ₹600, citing sustainable growth momentum in India and a projected 35%+ EBITDA CAGR over FY26–29. The brokerage also noted that Lenskart's international sales and margin traction are outperforming India at a similar scale. Macquarie revised its EPS and target price estimates upward by 5%, reflecting strengthened earnings confidence in the eyewear retailer.
02Jun 26
CLSA Initiates Coverage on Lenskart with Outperform Rating and Target Price of ₹604
CLSA has initiated coverage on Lenskart Solutions with an Outperform rating and a target price of ₹604. The brokerage highlights the company's leadership in India's eyewear market, a scalable network of 2,609 stores, and strong profitability potential from product margins and operating leverage. Improving international profitability is also cited as a key positive. Key risks noted include affordability constraints, technology disruption, and the possibility of slower store expansion.
Lenskart Records Block Trade of 59 Million Shares, Approximately 3.4% of Equity Changes Hands
Lenskart recorded a block trade in which 59 million shares changed hands, representing approximately 3.4% of the company's total equity. The transaction highlights significant institutional-level activity in the company's stock. No details on the buyer, seller, or trade price were disclosed in the available data.
HSBC Initiates Hold Rating on Lenskart with Target Price of Rs 513
HSBC has initiated coverage on Lenskart with a Hold rating and Rs 513 target price, recognizing the company's strong D2C backward-integrated business model and TAM expansion strategy. The brokerage projects robust growth with 23% revenue CAGR and 49% EBITDA CAGR, indicating margin improvements. However, premium valuations compared to retail and platform peers limit upside potential, leading to the neutral Hold recommendation despite strong fundamentals.