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Eternal share price targets raised up to Rs 480. Were Q2 results good or bad?
Eternal's shares dipped despite brokerages raising targets. Analysts are optimistic about long-term growth in food delivery and quick commerce, citing strong revenue compounding and margin improvements. While some see short-term investor disappointment, others highlight Blinkit's market share gains and unit economics, even with increased spending.
Eternal's shares dipped despite brokerages raising targets. Analysts are optimistic about long-term growth in food delivery and quick commerce, citing strong revenue compounding and margin improvements. While some see short-term investor disappointment, others highlight Blinkit's market share gains and unit economics, even with increased spending.
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