Lenskart Solutions shares zoomed nearly 7 per cent to hit a fresh 52-week high on Thursday, after the eyewear retailer reported a multifold surge in consolidated net profit for the April-June period.The stock traded at ₹595 on the NSE at 10.15 am after hitting a 52-week high of ₹626.95, against the previous close of ₹586.45.Lenskart posted consolidated net profit of ₹221.84 crore in the April-June period. Revenue from operations grew 43.3 per cent to ₹2,714.18 crore. Revenue from the India segment grew 30.7 per cent to ₹1,531 crore, while international revenue rose 38 per cent to ₹1,203 crore.The eyewear retailer’s board approved increasing its equity stake in Chinese frame-manufacturing joint venture Baofeng Framekart Technology Ltd from 51 per cent to 70 per cent. The acquisition of the additional stake is valued at around RMB 7.5 million, or about ₹10.6 crore.The company also announced the incorporation of OWNDAYS Korea in South Korea and Wenzhou Framekart Trade Co, Ltd in China as step-down subsidiaries.The board approved a scheme of merger for its wholly-owned subsidiaries, Dealskart Online Services Pvt Ltd and Lenskart Eyetech Pvt Ltd, into Lenskart Solutions Ltd.Brokerages positiveJefferies retained its buy rating and raised its target price to ₹680 from ₹600. It said 1QFY27 continues to build the story, with strong growth and sharp margin expansion.Jefferies said market creation remains a top priority, with supply rather than demand being a key constraint in India, evidenced by around 70,000 daily eye tests. It also noted that Lenskart now plays at the bottom end with a fully loaded ₹500 product, while a clear premiumisation trend is visible.The brokerage said margin improvement in international operations should address a key investor concern.Macquarie raised its target price to ₹675 from ₹625 and retained its outperform recommendation. It said India performance was in line, while international operations beat expectations, with stronger international margin expansion.Morgan Stanley retained its overweight recommendation with a target price of ₹666. It described Q1 as another quarter of strong performance, with the beat driven more by the international business.HSBC retained its hold rating with a target price of ₹575. The brokerage said Lenskart delivered an 8 per cent beat on consensus EBITDA, driven by international operations, while India was in line. India SSSG stood at 18 per cent versus 24 per cent in Q4FY26.HSBC kept its India estimates unchanged, while international performance drove an upgrade in overall estimates, with FY27/FY28 EBITDA estimates raised by 6 per cent/5 per cent. It said premium multiples of 45x/30x FY30 EV/EBITDA factor in potential.Citi retained its neutral rating and raised its target price to ₹650 from ₹600. It said Lenskart delivered another strong quarter on growth and profitability in India and international operations, broadly in line with its estimates.The brokerage expects growth momentum to remain strong as Lenskart continues to straddle price points to accelerate store expansion, customer acquisition and conversion. It said it will watch growth momentum in 2H given the high base.Goldman Sachs retained its accumulate recommendation and raised its target price to ₹715 from ₹625. It said the growth and margin flywheel continues to deliver, with large margin expansion in international operations as SSSG stays elevated.For India, Goldman Sachs highlighted volume-led revenue growth and operating leverage-led margin expansion, while identifying premiumisation as a new growth vector.MSCI rejigGlobal index provider MSCI said on Thursday it will add Lenskart and three other Indian companies to its widely tracked Global Standard index and remove three as part of its August review.The changes will be implemented after the close of trading on August 31, 2026, and take effect on September 1, MSCI said.Published on August 13, 2026