Zomato Parent Eternal Shares Deliver 36% Return in Six Months

Shares of Eternal Limited have delivered nearly 36% returns over the past six months, driven by strong growth in quick commerce.

Joindre Capital Services assigned a 'Buy' rating to the stock with a target price of ₹390, implying a 22.1% upside.

Management raised Blinkit’s long-term adjusted EBITDA margin guidance to approximately 6% due to improved productivity and store formats.