Lenskart shares rally over 10% as strong Q2 triggers target price hikes. What are Jefferies and Morgan Stanley saying?
Lenskart shares surged as much as 10.5% to Rs 763 on the NSE on Thursday after the eyewear retailer reported a 122.1% year-on-year (YoY) jump in consolidated profit to Rs 227.08 crore for the September quarter, compared with Rs 102.22 crore a year ago.
Revenue from operations rose 35.7% YoY to Rs 2,845.03 crore in the quarter under review, from Rs 2,096.14 crore reported in Q2FY26. The international segment grew 29.5% YoY to Rs 1,201 crore in Q2FY27, compared with Rs 928 crore in Q2FY26.
