Lenskart Faces 21% Downside Risk, Says Ambit Capital Amid Valuation Concerns

Ambit Capital has warned that Lenskart’s valuation appears stretched, projecting a potential 21% decline from current levels. The brokerage highlighted that rising competition and slowing revenue growth could pressure profit margins. While Lenskart continues to expand both online and offline, Ambit believes the stock’s current pricing already factors in aggressive growth expectations, leaving limited room for further upside. #Lenskart #AmbitCapital #MarketUpdate #StockAnalysis #ValuationAlert #DalalStreet #FinancialNews #StockYardUpdates