Archive · 22 Sep 2025
Eternal Shares Soar, Hitting Record Highs Amidst Bullish Outlook
Eternal, which used to be Zomato, has seen its stock price go up a lot recently.
This means the company is worth a lot of money, more than some other big companies.
Experts think this is because more people are buying things, and Eternal is doing well with quick commerce, like fast food delivery.
Experts predict quick commerce to be successful due to the upcoming festive season.
Goldman Sachs believes Blinkit's growth will increase Zomato's stock.
However, experts are cautious that the stock might go down short term.
Eternal shares have risen nearly 24% year-to-date.
The stock has hit fresh record highs in the Indian stock market.
Food delivery growth is expected to accelerate.
Blinkit's growth remains strong.
Analysts suggest investors be cautious of short-term corrections.
- Who
- Eternal (formerly Zomato)
- What
- Shares increased in value
- When
- Year-to-date
- Where
- Indian Stock Market
- Why
- Due to strong financials, quick commerce dominance, and a rise in discretionary spending.
- Company
- Eternal (formerly Zomato)
- YTD Gains
- 24%
- Market Cap
- Higher than Adani Power, Titan, etc.
- Brokerage Target Price (Goldman Sachs)
- ₹360
- Brokerage Target Price (MOSL)
- ₹420
- Blinkit EBITDA Break-even
- December 2025 (expected)