New Delhi, Nov. 28 -- Shares of Lenskart jumped 5% in Friday's trade (November 28) amid a bullish call on the stock by global brokerage Jefferies and ahead of the company's first earnings since listing in the Indian stock market.

Lenskart is slated to announce its second-quarter results on Saturday, November 29 - which could emerge as a make-or-break moment for the company amid concerns around its steep valuations and financials.

The shares of Peyush Bansal-led Lenskart had debuted at a near 3% discount earlier this month, on November 10, as against its IPO price of Rs.402. Currently, Lenskart shares are up by 6% from this level, valuing the company at a whopping Rs.74,000 crore.

Lenskart IPO was subscribed 28.26 times in total, NSE da...