Archive · 15 Sep 2025
Eternal Stock: MF Buying and Analyst Outlook
Mutual funds are buying a lot of shares in Eternal, an online food delivery platform.
This means they think the company will do well.
Analysts also believe in the company and recommend buying its stock.
The company's stock price has increased.
Despite competition from companies like Amazon, analysts believe the company has advantages.
Increased competition is expected, but analysts think that the market will eventually consolidate, benefiting the stronger players.
Mutual funds increased investment in Eternal by Rs 7,200 crore in August.
Eternal's stock has risen 59% in the last six months.
Amazon Now has expanded its quick commerce operations to Mumbai.
Analysts believe incumbents like Blinkit have a competitive edge.
Analysts predict market consolidation after initial growth.
- Who
- Mutual funds, analysts, and Eternal
- What
- Increased investment in Eternal and future market outlook.
- When
- August (mutual fund investments)
- Where
- Quick commerce market, India.
- Why
- Assess the performance and potential of Eternal amidst market competition.
- Company
- Eternal Ltd (Blinkit)
- MF Investment
- Rs 7,200 crore in August
- Shares Added
- 22.9 crore
- MF Stake (End Aug)
- 225.60 crore shares
- Stock Performance
- Up 59% in six months
- Analysts' Rating
- Buy (Emkay, MOFSL)
- Emkay Target Price
- Rs 330
- MOFSL Target Price
- Rs 420