Why Did Lenskart Shares Jump 6% in Today's Trade Despite 7.3% YoY Decline in Net Profit?
India, May 21 -- The shares of the Mid-Cap company, which specialises in the design, manufacturing, and omnichannel retail of high-quality eyewear, are in focus in the day's trade, following as it jumped 6 percent in the day's trade despite the decent results following the strong growth outlook.
With a market capitalisation of Rs. 86,820.80 crores in the day's trade, the shares of Lenskart Solutions Ltd rose upto 6.1 percent, making a high of Rs. 516.65 per share compared to its previous closing price of Rs. 486.65 per share.
What happened
Lenskart Solutions Ltd is engaged in the design, manufacturing, and omnichannel retail of high-quality eyewear are in focus in today's trade as they have rallied 6 percent despite the decent results....
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