India's Lenskart gains after Motilal Oswal initiates coverage with 'buy'

Lenskart Solutions

20/02/2026 04:48

** Shares of India's Lenskart Solutions LENS.NS jump 3.3% to 495.50 rupees

** Motilal Oswal initiates coverage of eyewear retailer with "buy" rating, TP at 600 rupees

** Brokerage expects strong revenue and profit growth over FY25–28, sees margin expansion with scale

** Says co's strong online-offline presence and in-house production are key strengths

** Stock rated "buy" on average by seven analysts, median PT at 525 rupees -- data compiled by LSEG

** LENS up 6.5% so far in 2026

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))