Antique Stockbroking starts coverage on India's Lenskart with 'hold'

Lenskart Solutions

19/01/2026 08:55

** Antique Stockbroking initiates coverage of Indian eyewear co Lenskart LENS.NS with "hold" (PT 455 rupees)

** Broker notes co is scaling fast and profitably in a favourable industry landscape - only 24% of Indian eyewear sector is organized, while other markets also have room for growth

** Co's technology-forward approach and centralized supply chain allow for higher operational efficiency and more consistent quality - brokerage

** Enough headroom for 25% CAGR revenue growth in medium term - brokerage

** Current valuations, however, largely factor in growth outlook - brokerage

** Stock, on avg, rated "buy" by 6 analysts; median PT 505 rupees - LSEG data

** LENS currently down 2.04% at 442.1 rupees

** Stock up 117% from listing in November 2025

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))