The shares of eyewear retailer Lenskart Solutions Ltd witnessed a strong rebound during Monday’s afternoon trade after a subdued start on the Indian stock exchanges. According to Mint, the company’s shares were listed at ₹390 on the BSE and ₹395 on the NSE, both below the issue price of ₹402 per share.
However, Lenskart’s stock later recovered, climbing to ₹413.80 on the BSE, indicating renewed investor interest after the initial muted response. Market analysts suggest that the cautious listing reflects investors’ current focus on profitability, sustainable earnings, and cash flow stability rather than purely high-growth projections.
Commenting on the trend, Harshal Dasani, Business Head at INVAsset PMS, noted, “The market’s initial reaction highlights a growing investor preference for profitability and cash flow stability over high-growth narratives.”
The company, which has expanded rapidly in both offline and online retail segments, remains one of India’s most prominent eyewear brands. Analysts believe its long-term growth prospects remain strong, supported by brand recognition, digital integration, and rising demand for organized eyewear solutions.
