{"id":1011615,"date":"2026-06-02T09:41:39","date_gmt":"2026-06-02T04:11:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1011615"},"modified":"2026-06-02T10:06:19","modified_gmt":"2026-06-02T04:36:19","slug":"this-hidden-opportunity-could-power-lenskarts-next-big-leap-says-bofa","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/02\/this-hidden-opportunity-could-power-lenskarts-next-big-leap-says-bofa\/","title":{"rendered":"This hidden opportunity could power Lenskart\u2019s next big leap, says BofA"},"content":{"rendered":"<p>BofA Securities initiated coverage on Lenskart Solutions with a \u2018Buy\u2019 rating and a price objective of Rs 575, indicating an upside of 10%. The brokerage cited the company\u2019s ability to address India\u2019s large unmet vision correction needs through a vertically integrated and technology-enabled business model. <\/p>\n<p>The brokerage said prescription eyewear remains significantly underpenetrated in India, with around half the population requiring vision correction but only about 35% of those people using prescription eyewear. BofA said Lenskart\u2019s integrated operations across design, manufacturing, supply chain and omnichannel retail help address structural constraints that have historically limited category growth. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>BofA Securities initiated coverage on Lenskart Solutions with a \u2018Buy\u2019 rating and a price objective of Rs 575, indicating an upside of 10%. The brokerage cited the company\u2019s ability to address India\u2019s large unmet vision correction needs through a vertically integrated and technology-enabled business model. The brokerage said prescription eyewear remains significantly underpenetrated in India, with around half the population requiring vision correction but only about 35% of those people using prescription eyewear. BofA said Lenskart\u2019s integrated operations across design, manufacturing, supply chain and omnichannel retail help address structural constraints that have historically limited category growth.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1011615","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1011615"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011615\/revisions"}],"predecessor-version":[{"id":1011616,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1011615\/revisions\/1011616"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1011615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1011615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1011615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}