Festive season bets: Analysts see upside in Lenskart, Arvind, Varun Beverages and 3 other stocks

D-Street investors eyeing tactical gains during the festive season may want to keep six stocks on their radar: Lenskart, Arvind, Varun Beverages, OMNI, IT BeES and Sudarshan Chemical Industries, as analysts see potential upside in these counters.

Investors looking to make stock-market bets during the festive season can consider Lenskart, Arvind, Varun Beverages, OMNI, IT BeES and Sudarshan Chemical Industries, as analysts see potential upside in these six stocks based on their fundamental and technical outlook.

The festive season is expected to drive higher mall and high-street footfall and discretionary spending on fashion and sunglasses, benefiting Lenskart's mass-to-premium house-of-brands portfolio. With store payback under 10 months and store EBITDA margin above 33%, Motilal Oswal expects Lenskart to reach around 4,500 India stores by FY29, with a medium-term opportunity of 10,000-plus stores, around 29% India revenue CAGR over FY26-29E and India pre-Ind AS EBITDA margin expanding around 395 basis points to 19.4% by FY29 as commissions and incentives decline with the shift to COCO stores.