HSBC Initiates 'Hold' on Lenskart Despite Ambitious 7,000-Store Expansion Plan
HSBC has started coverage on Lenskart with a cautious 'hold' rating even as the eyewear retailer pushes an aggressive plan to scale to 7,000 stores, signaling analyst skepticism on near-term upside despite the growth narrative.
Article (inaccessible, 403 error) reportedly covers HSBC's 'hold' rating on Lenskart shares despite the eyewear retailer's announced plan to expand to 7,000 stores.