Lenskart share price jumps over 5% on strong Q2 results; Jefferies sees target at ₹500, initiates with ‘buy’

Lenskart Solutions shares rose over 5% following strong Q2 results and a ‘Buy’ rating from Jefferies with a target of ₹500. The company shows growth potential with a low 5% market share in India’s optical segment and a robust hybrid operating model.