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Eternal shares jump 35% in three months as analysts eye more upside on Blinkit strength
Eternal (formerly Zomato) shares jumped 35% in three months as analysts stay bullish, citing Blinkit's strong position in India's quick commerce growth ahead of quarterly earnings and Zepto's IPO. Multiple brokerages issue buy ratings with targets up to Rs 400.
Reported figures
From the report. Source details below
| market cap | Rs 2.75 lakh crore |
|---|---|
| short-term target | Rs 275-291 |
Other figures
- +35% in 3 months
- +11% in a week
- 52-week low Rs 212.55
- 52-week high Rs 368.40
The source
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