“Bullish on Lenskart, believing it has built a differentiated retail model and a full-stack eyewear ecosystem. The brokerage draws parallels with Titan's Tanishq, suggesting Lenskart could become a category-defining leader, driven by strong revenue productivity, high gross margins, a 10-12 month store payback period, and 20% same-store sales growth across Tier I and Tier II markets.”