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Broker call▲ Bullish for Lenskart Solutions
Morgan Stanley raises Lenskart target price to Rs 718; bull case implies 41% upside. Here’s why
The brief
- Q1 FY27 net profit rose 182.3% YoY to Rs 228 crore
- Revenue grew 33.6% to Rs 2,214 crore; Morgan Stanley raised its target price to Rs 718
- Higher profit and revenue support Lenskart Solutions investors, though the target price is an analyst estimate