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Citi, UBS, Jefferies stack bullish calls on LG India, Lenskart, GMR, IndiGo

Brokerages issue bullish calls on Indian consumer and retail-linked names: Citi initiates Buy on LG Electronics India, UBS on Lenskart, Jefferies/Macquarie on GMR Airports, Macquarie on Phoenix Mills; mixed views on Swiggy, Meesho, Nestle India and QSR chains.

Reported figures

From the report. Source details below

Phoenix Mills TP Rs 2,100

Also in the report

  • Lenskart 69% gross margin
  • Lenskart EPS CAGR 44% FY26-31
  • Phoenix 50% mall space expansion by FY30

Other figures

  • Lenskart TP Rs 730
  • GMR TP Rs 125
  • IndiGo TP Rs 5,380
  • Meesho TP Rs 190

The source

Source Read the source at NDTV Profit Published

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