NRAI's latest plea has brought Zomato's price-parity clauses back into focus. Here's what the case is about and why these provisions are under scrutiny
Former Eternal CEO Deepinder Goyal plans to launch Temple, a premium wellness wearable, while also backing an aviation venture aimed at transforming regional air travel in India
NRAI says platform shouldn't revive exclusivity clauses
Motilal Oswal Financial Services has reiterated its 'Buy' rating on Eternal stock for a target price of ₹380, implying an upside of 31 per cent from its current price.
Kunal Kamble, technical research analyst at Bonanza flags a decisive breakout on Marico, Eternal and Nestle India stock charts, suggesting a likely positive trend in the near-term.
Analysts at JM Financial believe that 1QFY27 will reinforce the widening divergence between Blinkit and Instamart, with the former likely to outperform; they lowered target price on Swiggy to ₹250.
Analysts at Bajaj Broking highlight two key breakouts on Eternal stock chart; one above the falling trend line and other above the 50-day EMA, for its bullish stance on the stock.
Shareholding data shows that FIIs reduced equity holdings in 11 stocks from Nifty 500 in every single quarter after March 2024. List includes PNB Housing Finance, Eternal and Cyient among others.
Stocks to Watch today, June 1: From IndiGo to Eternal, here is a list of shares that will remain in focus today
Muthuselvaraj M, Research Analyst at Mirae Asset Sharekhan believes that both Eternal and Maruti have corrected significantly from their respective peaks and are now showings some signs of strength.
Eternal reported modest Q4 growth but strong guidance, with execution on Blinkit expansion and margins seen as crucial for sustaining stock performance
Eternal stock can retrace up to 61.8 per cent of the preceding fall, implying a potential upside target price of ₹310 in the near-term, explains Muthuselvaraj of Mirae Asset Sharekhan.
Eternal is aiming to double its B2C net order value to $20 billion by FY28 and reach $1 billion in adjusted Ebitda by FY29, driven by growth across Blinkit, District and Zomato
The share price of Swiggy is quoting lower for a fifth straight trading day, falling 7.5 per cent during the period
Eternal delivered steady Q4 results, with Blinkit and food delivery businesses driving growth. Brokerages have retained a 'Buy' rating with target prices up to ₹400
Strong growth in Blinkit and Zomato businesses drives sharp rise in profit and revenue, with quick commerce and food delivery segments sustaining momentum
Eternal posted a 346% jump in Q4 profit to ₹174 crore, while revenue nearly tripled to ₹17,292 crore, driven by strong growth in food delivery and quick commerce
Eternal Q4 preview: Brokerages tracked by Business Standard estimate Eternal's net profit at an average of ₹141.75 crore, up 263.46 per cent year-on-year (Y-o-Y)
The clause was never enforced but has been dropped now, a Zomato source said on Thursday, without explaining the rationale for the decision
In the food delivery business, HDFC Securities expects a recovery in Eternal in key operating metrics on a low base.