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ICICI Securities keeps Buy on Eternal with Rs 425 target as Blinkit nears 3,000 dark stores

ICICI Securities maintained Buy on Eternal with a Rs 425 target in its 07 October 2026 report, saying Blinkit's dark-store count is nearing ~3,000 and it remains the only major quick commerce player with EBITDA profitability.

ICICI Securities keeps Buy on Eternal with a ₹425 target price; Blinkit dark stores near ~3,000
Eternal target price (ICICI Securities)
₹425
Blinkit dark-store count, nearing
~3,000

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Reported figures

From the report. Source details below

Rating: Buy

The source

Source Read the source at Moneycontrol

Filed

Confirmed by The Hindu BusinessLine

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