Morgan Stanley names Lenskart, Trent and Varun Beverages among India growth picks
Morgan Stanley has highlighted Lenskart Solutions, Trent and Varun Beverages in its India strategy, forecasting the Sensex at 89,000 by June 2027—14% upside from current levels—on improving growth and a potential market re-rating.
Morgan Stanley named Lenskart Solutions, Varun Beverages and Trent among its consumer-focused India stock picks, alongside a bullish domestic-cyclicals strategy. It forecasts a 89,000 Sensex by June 2027, supported by improving Indian growth and potential market re-rating.
Why this matters
Morgan Stanley's call follows Lenskart's Nov. 4 IPO, whose ₹7,278 crore issue closed 7.14x subscribed, and SoftBank's 3.25% exit for ₹2,873 crore at ₹508.55.
Retail-company signals are accelerating, up 206243% QoQ.