The newly launched platform operates on a zero-commission model and does not charge any fee from restaurants, but only a standard delivery fee based on distance from customers
The market price of Eternal hit an intra-day low of ₹250.40 on Tuesday and has tanked 32% from its 52-week high of ₹368.40 touched on October 16, 2025 amid concerns regarding increased competition.
Eternal reported Q3 FY26 net revenue of Rs 16,300 crore, up 20.7 per cent quarter on quarter and ahead of consensus estimates
Drumil Vithlani of Bonanza expects Eternal to consolidate in the existing trading range, as one of the key momentum oscillators indicates lack of directional trend for the stock.
In Q3, Eternal reported a 72.8 per cent jump in its net profit to ₹102 crore, as against ₹59 crore a year ago
Stocks to watch on Thursday, January 22, 2026: KEI Industries, Bajaj Consumer Care, PNB Housing Finance and Jindal Stainless are among other key stocks to track today
Eternal, the parent of Zomato and Blinkit, reported a sharp jump in December-quarter profit and revenue, driven by strong growth in quick commerce and improving operating leverage across businesses
Zomato and Blinkit parent Eternal has announced a leadership transition, with founder Deepinder Goyal stepping down as group CEO and Blinkit chief Albinder Dhindsa set to take charge from February 1
Alongside the Q3 FY26 results, Deepinder Goyal said he would step down as Eternal's Group CEO to pursue higher-risk experimentation, with Blinkit chief Albinder Dhindsa set to take over
This transition allows Eternal to remain sharply focused, while giving me the space to explore ideas that do not fit Eternal's risk profile, Goyal said
Goyal's decision is subject to shareholders' approval, and he will continue to remain on the board of directors as Vice Chairman
In the previous three trading days, the stock price of Eternal had slipped 8 per cent from ₹294.50 to ₹269.95 on Tuesday.
Q3FY26 company results: Firms including Bank of India, Jindal Stainless, PNB Housing Finance, and Tata Communications are also to release their October-December earnings reports today
Stocks to watch today, Wednesday, January 21, 2026: Cyient DLM, Shoppers Stop, HDFC Bank, Tata Steel, and Vikram Solar are among other key stocks to track today.
Zomato has leased over 270,000 sq ft of office space at Tata Realty's Intellion Park in Gurugram at a monthly rent of Rs 2.33 crore, amid strong office demand across India's top cities
Stocks to buy today: Vedanta seen benefiting from base metals rally and demerger-led value unlock; Eternal (Zomato) to gain from Blinkit scale-up and margin expansion
Eternal Q3 results date: Analysts and investors will watch out for guidance related to the outlook on competition intensity, Blinkit, food delivery gross order value (GOV) growth, and margin
Delivery workers say companies have not communicated any changes to timelines or incentives, even as quick-commerce platforms remove 10-minute delivery claims from consumer-facing apps
The Gig Workers Association on Tuesday welcomed the decision by quick commerce platforms to roll back the ten-minute delivery promise, saying the move recognises that extreme delivery timelines put unsafe pressure on delivery workers. In a statement, the association said the ten-minute delivery model forced workers to rush, take risks on the road and work long hours due to constant pressure created by incentives, ratings and order allocation on apps. "However, workers are often paid the same amount for a multi-order delivery as for a single order. In one such case, a worker was paid only Rs 19.30 for delivering two orders together. This increases risk and workload without any additional compensation," it said. The association further said that the creation of a permanent institutional mechanism for collective dialogue between workers, platforms, and the government is a necessity. Adding that such a mechanism is necessary to address concerns in advance, ensure worker safety and ...
Union Labour Minister Mansukh Mandaviya reportedly held a series of meetings with quick-commerce companies and urged them to discontinue the branding associated with ultra-fast deliveries