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FMCGMedium impactPre-market

Jefferies initiates buy on Lenskart with 23% upside

pre-market1 source ↓written by the desknot a recommendation

to a price
23% upside
With only
5% market share
eyewear market
₹9 billion

Brokerage firm Jefferies has initiated coverage on Lenskart Solutions Ltd. with a buy rating, projecting a 23% upside to a price target of ₹500. With only a 5% market share, Lenskart is positioned for significant growth in India's ₹9 billion eyewear market. The company's omni-channel model enhances cost efficiency and customer experience, supporting its expansion strategy.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Nov 2025, 07:06 IST.

Sourcesnews.google.com

The market after the news

LENSKART closed +0.7% on the day of the news, from ₹407.70 to ₹410.45; Nifty −0.1% over the same session.

Bulletin at 07:06 IST on 28 Nov 2025. Every change is measured from ₹407.70, the last close before it, on 27 Nov. Nifty 50 is measured over the same sessions.

  • LENSKART close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
LENSKART closes around the bulletin against the close before the news, with Nifty 50 rebased to it350.95407.70464.45axis spans 32%before the news · 27 Nov407.70Nifty 50LENSKARTbulletinD0+1+3+521 Nov3 Dec12 DecReference close ₹407.70. 16 sessions from 21 Nov to 12 Dec; the price axis spans 32 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Nov₹407.70basebase
On the day28 Nov₹410.45▲ +0.7%▼ −0.1%+0.7 pp difference
+1 session1 Dec₹430.50▲ +5.6%▼ −0.1%+5.7 pp difference
+3 sessions3 Dec₹410.15▲ +0.6%▼ −0.9%+1.5 pp difference
+5 sessions5 Dec₹417.20▲ +2.3%▼ −0.1%+2.4 pp difference
Gap at the open, % · ₹
▲ +1.8%+7.30 on 28 Nov
Day's range, % · ₹
5.1%≈ 21 high to low
Volume on the day
0.43×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · LENSKART on the desk →

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