StocksMedium•5 November 2026•
1 min read
Lenskart Shares Surge 10% on 122% Q2 Profit Growth
Key Facts
1Lenskart's consolidated profit rose 122.1% year-on-year to ₹227.08 crore in the second quarter.
2Major brokerages including Morgan Stanley, Jefferies, and Motilal Oswal raised their target prices for the stock.
Lenskart's consolidated profit rose 122.1% year-on-year to ₹227.08 crore in the second quarter. NewsBytes reported that the retailer's shares surged over 10% following the September quarter results, which surpassed previous market estimates.
Major brokerages including Morgan Stanley, Jefferies, and Motilal Oswal raised their target prices for Lenskart stock following the earnings report. In related market movements, Morgan Stanley closed at $193.99 on November 4, 2026, while Goldman Sachs closed at $928 and JPMorgan Chase finished at $352.11 on the same date.