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INDIAN EYEWEAR MARKET
'What we have done is not enough', says Lenskart CEO as he eyes 10 cr eyewear units a yearLenskart co-founder Peyush Bansal announced plans to increase production from 3.2 crore to 10 crore eyewear units. The company will provide...- Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and AstralIndian equity markets continued their upward trend, highlighted by the Nifty 50 gaining 576 points. Bharti Airtel, LIC, and Titan Company r...
- Lenskart shares rally over 10% as strong Q2 triggers target price hikes. What are Jefferies and Morgan Stanley saying?Lenskart shares surged over 10% after the company reported a 122.1% year-on-year rise in consolidated profit to Rs 227.08 crore for the Sep...
- GPU bidding norms eased; Lenskart CEO on profitabilityHappy Thursday! Govt has lowered entry barriers for GPU bidders, but pricing concerns remain. This and more in today’s ETtech Morning Dispa...
- Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and NalcoIndian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impress...
- Our operating leverage is kicking in: Peyush Bansal after Lenskart's 21% Q2 revenue riseBansal also spoke about the scope for Lenskart’s growth in India and overseas, the push towards premium products and the company’s long-ter...
- Lenskart, Nykaa, PhysicsWallah see Q2 profits surgeNew-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top...
- Lenskart outlines roadmap for 25% Ebitda margin, says growth will take priorityIn its shareholders' letter for the July-September quarter, the company said its strategy centred on controlling the entire value chain, fr...
- Lenskart Q2 net profit more than doubles to Rs 232 crore, revenue rises 36%The company’s net profit rose 125% to Rs 232 crore, compared with Rs 103.45 crore in the year-ago period. Profit before tax more than doubl...
- Time to be be cautious in the market, convinced about the business: 5 large-cap stocks with upside potential of up to 22%This is the time to focus on businesses that have lived through storms like this before and come out the other side. The large, proven name...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsAt this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain ...
- Ahead of Market: 10 things that will decide stock market action on ThursdaySensex and Nifty ended above pre-closing auction session levels after extreme volatility, despite an Rs 8 lakh crore market selloff. Elevat...
- Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold ba...
- New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock marketFor decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credi...
- Tata Group stocks see sharp swings as boardroom battle intensifies, but analysts say avoid the noiseTata Group stocks are undergoing substantial fluctuations amid an unsettling boardroom conflict as Tata Trusts questions the reappointment ...
- Sabyasachi to enter fragrances, footwear and small leather goods categoriesSabyasachi Mukherjee’s luxury brand is planning to enter fragrances, footwear and small leather goods, while expanding eyewear as part of i...
- Lenskart IPO: 10 things Jefferies said about Rs 2,200 crore offerLenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market leadership in India and Asia, and an...
- Lenskart plans 100 retail stores to take on local playersLenskart, which offers prescription-based and fashion eyewear, currently has seven stores in places like Chandigarh, Pune, Agartala and Goa...
- Reliance's Vision Express to set up 500 eyewear stores by 2015Vision Express, the joint venture between Reliance Retail and Dutch optical retailer Pearle Europe, plans to open 500 eyewear outlets acros...
- Titan to have 200 Eye Plus stores by 2010-11Tata group company Titan Industries is embarking on a major expansion of its eyewear retail business with plans to have 200 showrooms acros...
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