Top Brokerage Calls: Lenskart, M&M, JSW Infrastructure, GAIL and LIC in Focus

Brokerages issued upbeat calls on Lenskart, M&M, JSW Infra, GAIL and LIC, citing strong growth visibility, competitive products and improving industry dynamics.

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Top Brokerage Calls: Lenskart, M&M, JSW Infrastructure, GAIL and LIC in Focus

Top Brokerage Calls: Lenskart, M&M, JSW Infrastructure, GAIL and LIC in Focus
Brokerage sentiment turned positive across several major companies, led by Jefferies initiating coverage on Lenskart with a buy rating and a ₹500 target.  Highlighted its 5% market share, strong omni channel model and the potential for 50%+ adjusted EBITDA CAGR between FY25 and FY28. Nomura maintained a buy on M&M with a ₹4,355 target after the company unveiled its new XEV 9S electric SUV at an introductory ₹19.95 lakh, positioning it competitively in the premium EV segment.