Archive · 1 Sep 2025
CLSA India Analyst Recommends Investing in Eternal (Zomato)
CLSA, a financial firm, asked its India team where to invest $1 million for the next five years.
The team chose Eternal Ltd, formerly Zomato, because of its strong position in fast delivery.
They are optimistic about Blinkit's rapid growth.
CLSA has increased its target price for the stock, expecting significant earnings growth.
The team views Eternal as a turnaround story with potential in the Indian market.
They expect the company to improve.
CLSA's India team recommended Eternal (Zomato) for a $1 million investment.
The team cited Eternal's leadership in quick commerce and large market potential.
Blinkit's net order value grew significantly.
CLSA increased its earnings forecasts and lifted the target price to Rs 385.
The stock was trading at Rs 321.10 on Monday.
- Who
- CLSA's India team
- What
- Suggested investing $1 million in Eternal (Zomato) stock
- When
- Over a 5-year timeframe
- Where
- India
- Why
- Based on leadership in quick commerce and market potential
- Company
- Eternal Ltd (erstwhile Zomato)
- Analyst
- CLSA India Team
- Investment Amount
- $1 million
- Investment Horizon
- 5 years
- Stock Price (Monday)
- Rs 321.10
- Target Price
- Rs 385
- EPS Growth (FY26)
- 212%