Eternal shares jump 35% in three months as analysts eye more upside on Blinkit strength
Eternal (formerly Zomato) stock has climbed 35% over three months and 11% in a week, pushing market cap to Rs 2.75 lakh crore. Brokerages stay bullish ahead of quarterly earnings and Zepto's IPO, citing Blinkit's lead in India's quick commerce race, with targets running up to Rs 400.
Eternal (formerly Zomato) shares jumped 35% in three months as analysts stay bullish, citing Blinkit's strong position in India's quick commerce growth ahead of quarterly earnings and Zepto's IPO. Multiple brokerages issue buy ratings with targets up to Rs 400.