February 12, 2026
Benchmark indices Sensex and Nifty opened lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment.
Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.
In the broader market, the Nifty MidCap index fell 0.7%, and the Nifty SmallCap index fell 0.9%.
Amid weak market sentiment, one stock that caught investors’ attention today is Lenskart, India’s largest eyewear retailer.
Shares of Lenskart opened at Rs 511.65 against their previous close of Rs 466.35 and rose as much as 13% to their all-time high of Rs 526.35.
This is why stocks are rising.
Robust Q3 numbers
Lenskart Solutions’ share price rose 13% in morning trade on the BSE on Thursday, February 12, 2026, hitting its all-time high a day after the company announced its December quarter (Q3) results.
For the December 2025 quarter, the company reported a 38% year-on-year increase in revenue to Rs 23,077.31 million (mln), compared to Rs 16,688.35 million a year ago.
Lenskart said earnings before interest, taxes, depreciation and amortization (EBITDA) grew 1.9x, with margins rising from 14.5% to 20% in the third quarter, supported by operating leverage and structurally improving economic conditions as scale increases.
Net profit for the quarter rose 70x year-on-year to Rs 1,310 million. This was against Rs 18.5 million in the same quarter last year.
The company reported an exceptional loss of Rs 53 million during the quarter. This was due to costs associated with the new issuance of shares through the IPO.
Lenskart added 195 net new stores in the third quarter of FY26, compared to 81 in the same period last year, including 169 in India and 26 in international markets.
What now?
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