HSBC initiates 'Hold' on Lenskart despite 7,000-store expansion plan
HSBC has started coverage of Lenskart with a 'Hold' rating, signaling caution even as the eyewear retailer pursues an aggressive 7,000-store expansion. The rating tempers optimism around the company's scale-up ambitions. Note: article body unavailable (403); details inferred from headline.
Article body unavailable (403 error), but headline indicates HSBC initiated a 'hold' rating on Lenskart shares despite the company's reported 7,000-store expansion plan.