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Bala Prasad Pal

2 hours ago · SEBI Registration INH000029209

Lenskart gains 10.59% after strong Q2 results

Lenskart shares gained up to 10.59% after Q2 profit rose 122.1% and revenue grew 35.7%. Rs 762.75 is the stated resistance, with Rs 648 as support. Lenskart Solutions Limited [

LENSKART
] gained up to 10.59% on November 5, 2026, following its Q2 FY27 results announced after market hours on November 4. Consolidated net profit surged 122.1% year on year to Rs 227.1 crore from Rs 102.2 crore. Revenue grew 35.7% year on year to Rs 2,845 crore from Rs 2,096.1 crore. Profit growth outpaced revenue growth, indicating stronger growth in the reported bottom line. The stock's move reflects a positive market response to the quarterly performance. It touched Rs 762.75, the all-time high level supplied, which may act as near-term resistance. The current traded price is not provided, so the distance from this level cannot be assessed. In my view, the strong earnings growth and price response support a strongly bullish reading. A sustained move above Rs 762.75 would bring further upside momentum into focus. A fall below Rs 648 would weaken this view and put the stated support at risk. Watch how the stock behaves near Rs 762.75 and whether Rs 648 holds during any pullback. Stance: strongly bullish while above Rs 648, with Rs 648 as the key support. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.

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