HSBC Initiates 'Hold' on Lenskart Stock Despite 7,000-Store Expansion Plan
HSBC starts coverage on Lenskart with a neutral 'Hold' rating even as the eyewear retailer pushes ahead with an aggressive plan to scale to 7,000 stores, signaling analyst caution amid rapid physical expansion.
HSBC initiates 'Hold' rating on Lenskart shares despite the eyewear retailer's reported plan to expand to 7,000 stores.