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Jefferies initiates buy on Lenskart with 23% upside

after close1 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, 16:06 IST.

Sourcesnews.google.com

The market after the news

LENSKART closed +4.9% on the day of the news, from ₹410.45 to ₹430.50; Nifty −0.1% over the same session.

Bulletin at 16:06 IST on 28 Nov 2025. Every change is measured from ₹410.45, the last close before it, on 28 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 it353.32410.45467.58axis spans 32%before the news · 28 Nov410.45Nifty 50LENSKARTbulletinD0+1+3+524 Nov4 Dec15 DecReference close ₹410.45. 16 sessions from 24 Nov to 15 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 %
Before28 Nov₹410.45basebase
On the day1 Dec₹430.50▲ +4.9%▼ −0.1%+5.0 pp difference
+1 session2 Dec₹425.95▲ +3.8%▼ −0.7%+4.4 pp difference
+3 sessions4 Dec₹405.55▼ −1.2%▼ −0.7%−0.5 pp difference
+5 sessions8 Dec₹407.90▼ −0.6%▼ −0.9%+0.3 pp difference
Gap at the open, % · ₹
▲ +4.3%+17.57 on 1 Dec
Day's range, % · ₹
7.7%≈ 32 high to low
Volume on the day
2.18×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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