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ETERNAL OWNED BLINKIT
Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 croreSwiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company ...- Never a dull moment! Why Jefferies raised Eternal’s target price after Q2 earningsJefferies raised its target price on Eternal to Rs 430 from Rs 415, implying around 38% upside from its previous close of Rs 312.35. The br...
- Deepinder Goyal’s Dark.ai could be Eternal’s dark horse, but is it too early to bet?Eternal’s Dark.ai, a privacy-focused AI assistant developed under Deepinder Goyal, could open a new growth avenue for the company. While br...
- Swiggy shares slide over 5% ahead of Q2 results. What are analysts saying?Swiggy shares fell ahead of its Q2 FY27 results as investors assessed its path to profitability. Anand Rathi upgraded the stock to Buy, whi...
- Eternal shares jump 2% after strong Q2 show, brokerages see up to 34% upsideEternal shares rose after Q2FY27 net profit surged 92.3% year-on-year to Rs 125 crore, while revenue jumped 77.6% to Rs 24,138 crore. Jeffe...
- Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
- Blinkit sees no compelling case for expanding private labels, says DhindsaAlbinder Dhindsa, CEO of Eternal, voiced skepticism regarding the potential for private labels to enhance profit margins. He emphasised tha...
- Eternal’s District growing faster than planned but most exposed to agentic AIEternal's District platform is outpacing earlier growth forecasts, highlighting a robust market appetite. The net order value saw an impres...
- Dark Matter: Eternal’s chatbot will keep user conversations private even from the company — Deepinder GoyalIn a letter to shareholders, Goyal explained the idea behind Dark was to remove the worry that someone, someday, can read what you tell an ...
- Eternal’s Deepinder Goyal teases new AI product, Dark.aiThe company is expected to announce the product later on Wednesday. Details about Dark.ai, including its intended use cases and target cust...
- Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%Eternal Q2 Results: Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 cro...
- Rs 8 lakh crore selloff! Sensex plunges 1,400 points from day’s peak as bulls lose steam; 3 triggersOn Wednesday, the Indian stock market saw a significant decline after an initial rise in the morning. Sensex and Nifty both climbed nearly ...
- Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focusEternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to...
- Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold ba...
- Wallet war: More new things are fighting for every rupee Indians earnIndian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of...
- Last line of defence! How 7 Nifty stocks survived the market’s two-month bloodbathIn an unprecedented downturn, the Nifty has faced its longest losing streak in 25 years, sliding for over eight weeks as foreign investors ...
- Instamart says one in 10 baskets contains Noice products, announces expansion“At Instamart, we're building a differentiated, high-quality assortment that consumers can trust and brands can grow with. Noice is key to ...
- SBI Mutual Fund’s stake in Swiggy crosses 5% as asset manager picks up shares worth Rs 300 croreSBI Mutual Fund bought the shares at around Rs 253-254 apiece on September 29, taking its holding in Swiggy from 4.7% to 5.1%.
- Zomato employees once took a 20% salary cut when times were tough. That later became a 30X fortune, recalls ex-stafferDuring Covid, Zomato employees accepted salary cuts after the company’s food delivery business nearly shut down and it had only 45 days of ...
- Goldman Sachs sees Eternal achieving $1 billion EBITDA by FY29; raises target priceGoldman Sachs maintained a Buy rating on Eternal, formerly Zomato, raising its target price by 11% to Rs 385. The brokerage foresees Eterna...
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