The Economic Times News

Lenskart revenue can grow 6x in next decade, valuations look optically high: Emkay

Emkay Global initiated coverage on Lenskart with a target price of Rs 525, citing strong long-term growth potential despite optically rich valuations. The brokerage expects robust revenue and earnings compounding driven by industry tailwinds, scale benefits, operating leverage and multiple scalable growth opportunities across India and international markets.