Page 5 - Zomato

Bernstein initiates coverage on Swiggy, Eternal with 'Outperform'; check TP

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.

Eternal vs Swiggy: Deja Vu in QC battle, but this time could be different

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.

How Lenskart IPO tests investor appetite for consumer-tech plays

Lenskart IPO has invited comparisons with earlier new-age tech listings such as Zomato, Paytm, and Mamaearth

3 reasons why Nomura raised its target price on Swiggy to ₹560; check here

Swiggy's food delivery (FD) arm continued its solid performance in the September quarter (Q2FY26), driven by sustained order growth and operational efficiency.

Eternal's Deepinder Goyal bets $25 mn on venture to extend human lifespan

Eternal founder Deepinder Goyal's Continue Research aims to extend healthy human function through open-source biological research

Deepinder Goyal backs Continue Research with $25 mn to study human ageing

'Continue Research' is a global initiative supporting studies on human ageing, biology and long-term health to explore the next phase of human development

Eternal gets GST demand order, penalty worth ₹128 crore from UP officials

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 .

Competition, store expansion likely to weigh on Eternal's margins

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 cracks 9% post Q2 results; will stock hit ₹300-mark or jump back?

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.

What should investors do with Eternal (Zomato) after Q2? Brokerages decode

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

Eternal's net profit slumps 63% to ₹65 crore, revenue surges 183%

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, Infosys Q2 results, India responds to Trump’s oil claim, Nestle to axe 16k jobs

Eternal, the parent company of Zomato and Blinkit, reported a consolidated net profit of ₹65 crore for Q2 FY26, marking a 63% YoY decline from ₹176 crore in the same quarter last year.

Eternal to set up subsidiary Eternal Foundation to focus on charity

Eternal shared the development while announcing the results for the second quarter of FY26 (2025-26)

Eternal Q2 results: PAT at ₹65 cr, revenue more than doubles to ₹13,590 cr

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

Eternal up 86% from April low; hits new high; Should you buy, hold or sell?

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

Eternal Q2 preview: Analysts expect PAT to fall 61% YoY; revenue up 43%

Eternal Q1 results preview: Brokerages tracked by Business Standard estimate Eternal's net profit to decline around 61 per cent year-on-year (Y-o-Y) on average, to ₹69.05 cr as compared to ₹176 cr

ONGC trails Zomato in mcap despite assets worth over one-third its value

State-owned ONGC, valued at around Rs 3.10 lakh crore, now trails food delivery firm Zomato despite its stakes in subsidiaries and minority investments accounting for over a third of its market capitalisation, indicating India's largest oil and gas producer is potentially undervalued. At the close of trading on Friday, Oil and Natural Gas Corporation (ONGC) had a market value of Rs 3.097 lakh crore, lower than Rs 3.36 lakh crore of Eternal Ltd (formerly known as Zomato), Hindustan Aeronautics Ltd (Rs 3.23 lakh crore) and Titan Company (Rs 3.13 lakh crore), according to BSE data. ONGC was India's most valuable company with a market capitalisation of Rs 2.44 lakh crore in 2012, ahead of IT giant TCS and energy major Reliance Industries. While ONGC's market capitalisation rose by just 26 per cent over the past 13 years, other listed firms have seen quantum jumps. Reliance has seen its valuation soar from Rs 2.43 lakh crore in July 2012 to Rs 18.7 lakh crore at Friday's close. Tata ...

Stocks to Watch today, Oct 7: LTIMindtree, Bank of India, HCL Tech, OIL

Stocks to Watch today, October 7, 2025: From Bank of India, HCL Tech to Eternal, here is a list of stocks that will be in focus

Zomato, HDFC Pension launch NPS model for delivery partners' benefit

Zomato and HDFC Pension have collaborated to introduce 'NPS Platform Workers Model' for delivery partners of the food delivery platform, in a bid to provide them access to formal retirement benefits. The model was formally launched by Finance Minister Nirmala Sitharaman at an event organised by the Pension Fund Regulatory and Development Authority (PFRDA) on October 1. "More than 30,000 delivery partners onboarded on Zomato have already generated their PRANs (Permanent Retirement Account Numbers) within 72 hours of this integration and the platform is committed to enable over 1 lakh delivery partners with their NPS retirement accounts within 2025," Zomato said in a statement. Zomato operates on a gig-first model, supporting an average of 5,09,000 independent monthly active delivery partners as of Q1 FY26. According to a NITI Aayog report, the number of platform workers in India is estimated to grow to 23.5 million by FY 2029-30. Currently, there exists a gap in terms of awareness a

Zomato launches 'Healthy Mode': Why food apps are getting calorie conscious

As food delivery evolves, Zomato's Healthy Mode marks a turn towards calorie-conscious dining with transparency and health filters, highlighting a larger shift in the industry