Lenskart Shares Rise, Brokers Stay Cautiously Positive

Recently listed eyewear company Lenskart Solutions has been attracting attention from stock market analysts and brokerages. Two major brokerages, Emkay Global Financial Services and Avendus Spark, have shown interest in the stock. Both of them remain somewhat positive about Lenskart, but they believe the stock has limited upside potential in the near term.

On Monday, Lenskart’s share price rose to Rs 455, giving the company a total market value of Rs 78,500 crore. The stock has shown significant movement since its listing. On its very first day in the market, the stock had touched an all-time low of Rs 355.70. It later climbed to an all-time high of Rs 495 on December 22.

Overall, the stock has gained more than 28% from its lowest level, showing strong recovery and investor interest in this tech-enabled eyewear company.

Lenskart has become one of the most talked-about new-age companies in the market due to its fast growth, digital presence, and focus on eyewear innovation. Analysts suggest that while the stock has performed well, investors should watch for any market corrections before making big investments.