Blinkit Profitability Still Elusive; Analyst Warns On Eternal's Premium Valuation
Market expert Tapan Doshi flags Blinkit's missing profits as the core risk to Eternal's stock, even after recent bounce. Intensifying quick commerce competition from Swiggy Instamart and a looming Zepto IPO threatens to compress Eternal's premium multiples until consistent earnings materialise.
Market expert Tapan Doshi flags Blinkit's missing profits as the core risk to Eternal's stock, even after recent bounce. Intensifying quick commerce competition
Business Today · Latest · 6/4/2026, 4:00:47 PM · Ask about this →