{
  "id": 18268163,
  "title": "Lenskart hits 52-week high as street cheers strong Q2 results",
  "url": "https://urgent.news/2026/11/05/lenskart-hits-52-week-high-as-street-cheers-strong-q2-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T07:04:00.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/lenskart-hits-52-week-high-as-street-cheers-strong-q2-results/article71668925.ece"
  },
  "original_language": "en",
  "account": "Lenskart Solutions' shares reached a new 52-week high of ₹762.75 in Thursday's trading session, before slightly decreasing to trade at ₹729.05, a 5.71% increase from the previous day's close of ₹689.70. The company's market capitalization is currently valued at around ₹1.27 lakh crore. This surge in stock price comes in the wake of Lenskart's impressive second-quarter FY27 results, which indicated a 33% growth in consolidated revenue to ₹28.5 billion and more than double the adjusted profit after tax at ₹2.26 billion.\n\nAnalysts have been overwhelmingly positive about the stock, with major investment houses like Nomura, Jefferies, Elara Securities, HSBC, and Motilal Oswal raising their price targets and declaring Buy ratings. Most notably, Nomura has set an aggressive target of ₹888 for the stock, while Jefferies raised its target to ₹780 and described Lenskart as a compounding story with seven identified levers toward a 25% EBITDA margin aspiration. Other firms, such as CLSA and Macquarie, also expressed optimism, citing strong performance in the Indian and international segments, as well as improved average selling prices.\n\nThe strong performance of Lenskart's stock has also contributed to its year-to-date gains of over 66%, outpacing the Nifty 200 index. However, while most analysts remain bullish on the company, Citi holds a more cautious stance, maintaining a Neutral rating and a revised target of ₹700 due to concerns over premium valuations and tougher second-half comparisons.",
  "summary": "The sharp move follows Wednesday’s second-quarter FY27 results, which showed consolidated revenue growing 33 per cent year-on-year to ₹28.5 billion and adjusted profit after tax more than doubling to ₹2.26 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}