Lenskart is a ‘structural compounder’ according to Elara, who sees stock beyond ₹600
Shares of Lenskart Solutions Ltd. traded higher on Wednesday, May 27, after brokerage firm Elara Capital initiated coverage on the stock with a ‘Buy’ rating, describing the company as a structural compounder and a category-defining player in India’s eyewear market. The brokerage assigned a target price of ₹615 per share, implying an upside potential of…
