Lenskart Shares Dip as Retail Market Faces Fresh Headwinds

Lenskart Global Pvt Ltd, the trailblazing eyewear e-tailer that revolutionized India’s optical industry, witnessed a precipitous 9.2% plunge in its share price on Monday, shedding approximately Rs 3,100 crore from its market capitalization and closing at Rs 1,262 on the Bombay Stock Exchange (BSE). The downturn, the most severe in four months, was precipitated by a confluence of sector-wide headwinds, including a sharper-than-expected slowdown in discretionary spending,