Thus far in July 2026, the market price of Eternal and Swiggy outperformed the market, gaining 12 per cent and 11 per cent, respectively.
Flipkart is preparing to enter the online food delivery market with a pilot launch in Bengaluru during August-September.
Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS) component, merchant bankers said. "With markets stabilising and investor sentiment improving, companies that were waiting on the sidelines are now moving ahead with their IPO plans," said Bhavesh Shah, MD & Head-Investment Banking at Equirus Capital. Among the largest offerings, Zepto plans to raise up to Rs 8,010 crore through a fresh issue, along with an OFS of up to 11.34 crore equity shares. Housing finance company Truhome has proposed a Rs 3,000-crore IPO, comprising a fresh issue of up to Rs 1,500 crore and an OFS of an equal amount. Elevate Campuses intends to raise Rs 2,550 crore entirely through a fresh issue, while Shiprocket has filed for a Rs
Blinkit's strong order growth, expanding user base and disciplined execution reinforce its leadership in quick commerce, while Eternal's Q1 results beat Street estimates
Brokerage firm Elara highlighted Eternal's strong Q1FY27 result with healthy execution across food delivery and quick commerce despite LPG -led disruption in the food business.
Revenue nearly tripled in the June quarter as Blinkit's rapid expansion lifted earnings, while food delivery, going-out and Hyperpure businesses also reported growth
Eternal posts a four-fold rise in Q1 profit to ₹92 crore as Blinkit drives strong revenue growth, while Zomato's food delivery business maintains steady momentum
Q1FY27 company results: Firms including IndusInd Bank, Dr Reddy's Laboratories, JSW Energy, NTPC Green Energy, Hindustan Petroleum Corporation are also set to announce their Q1 results today
Eternal, Nestle India, BPCL, JSW Energy, Adani Power, IndusInd Bank and Dr Reddy's among top stocks slated to post their Q1 results today.
Eternal Q1 Results Preview: According to brokerage estimates, the profit figure could grow multi-fold amid a sharp rise in sales, led by Blinkit.
Spain-Argentina match promises windfall for eateries, pubs, delivery platforms
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