Lenskart to become eyewear industry's Tanishq? Elara makes big prediction
- Posted on May 27, 2026
- By Business News Today
- 0 Views
- 1 min read
Lenskart to become eyewear industry's Tanishq? Elara makes big prediction
Elara Capital initiated coverage on Lenskart with a Buy rating and a target price of Rs 615, implying a 22% upside. The brokerage called the eyewear company a structural compounder with a strong competitive moat and a differentiated full-stack business model. Analysts believe Lenskart is well placed to replicate the growth journey of Titans jewellery business and emerge as a category leader in eyewear.
