Eternal, with its category leadership and Blinkit's rapid horizontal expansion, is well-positioned to replicate this trend in India, providing high visibility for sustained growth
Eternal has invested another ₹600 crore in Blinkit to support expansion and operating needs, marking its third infusion this year as competition in India's quick commerce space intensifies
According to JM Financial Institutional Securities, in a worst-case scenario, the amount payable by Eternal and Swiggy towards the fund would work out to around ₹2.1-2.5 per order
Eternal Ltd on Saturday welcomed the implementation of the four labour codes, which it said will help strengthen the social security access for gig workers, including for it Zomato and Blinkit businesses. In a regulatory filing, Eternal, the parent entity of Zomato and Blinkit said it does not think the financial impact on account of these rules will be detrimental to long-term health and sustainability of its business. The government on Friday notified the four labour codes, which have rationalised 29 existing labour laws. These will formalise employment, strengthen worker protection, and make the labour ecosystem simpler, safer and globally aligned. The four labour codes are -- the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020. Under the new codes, 'gig work', 'platform work', and 'aggregators' have been defined for the first time. The codes stipulate that aggregat
This move may end almost 10 years of disputes, during which restaurants accused food delivery apps of masking customer data
Eternal founder Deepinder Goyal says upright posture reduces blood flow over decades, proposes inversions as countermeasure
Chandan Taparia, head of derivatives and technicals, Wealth Management at Motilal Oswal Financial Services, has recommended buying shares of Eternal and Swiggy
Eternal stock is seen trading below the 100-DMA support after May 2025; whereas Swiggy is seen testing the long-term moving average for the first-time since its debut.
The heated discount war is raising concerns that profitability for India's delivery firms may remain under pressure after second-quarter earnings missed estimates
Bernstein set a target price (TP) of ₹570 for Swiggy and ₹390 for Eternal, calling both companies the best placed to capture value in a competitive but fast-expanding digital consumption landscape.
After a brief period of calm & improving profitability, both Eternal (Zomato) & Swiggy appear set for another showdown, reminiscent of the fiery land-grab phase that began in late 2024, analysts said.
Eternal founder Deepinder Goyal's Continue Research aims to extend healthy human function through open-source biological research
Eternal, which owns the Zomato and Blinkit brands, on Sunday said it has received a goods and services tax (GST) demand order from the Uttar Pradesh tax authorities along with applicable interest and penalty amounting to over Rs 128 crore. The demand order received from Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh is with respect to short payment of output tax and excess availment of input tax credit for the period April 2023 to March 2024 with interest and penalty thereon. Eternal said it believes it has a strong case on the merits and will file an appeal against the order before the appropriate authority. In a regulatory filing, Eternal said, "This is to inform that the Company has received an order on 18 October 2025 for the period April 2023 to March 2024 passed by Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh confirming demand of GST of Rs 64,17,43,503 with interest as applicable and penalty of Rs 64,17,43,503." The company re-branded itself as Eternal in .
Zomato reported operating profit of Rs 239 crore and operating profit margins of 1.8 per cent, down 295 basis points Y-o-Y, due to higher operating costs on account of rapid store expansion
Eternal stock is seen testing the 20-DMA support following the 9% fall in the last two trading sessions. Chart suggests the stock, which has gained 82% so far in FY26 can rally another 14% from here.
Nomura has reiterated a 'Buy' call on Eternal with a target price of ₹370 per share, as it sees an advantage for the company over peers in the quick commerce business
Zomato's parent Eternal reports a 63% YoY fall in Q2FY26 profit to Rs 65 crore, while revenue more than doubles to Rs 13,590 crore on robust Blinkit and food delivery growth
Eternal shared the development while announcing the results for the second quarter of FY26 (2025-26)
The revenue from the company's quick commerce segment increased over seven-fold to ₹9,891 crore in the Q2 FY26, it was in ₹1,156 crore in the same quarter in the previous financial year
In the past one month, the stock price of the parent company of Zomato and Blinkit has outperformed the market by surging 9 per cent