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ETERNAL TARGET
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...
Oil Price Today (October 22): Crude oil above $110 as energy infra attacks heighten supply fears. More tension ahead?Brent crude traded 1.18% higher at $110.18 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $98 a barrel. Brent...
Eternal’s strong Q2 report; Exits outpace hiring at top IT firmsHappy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimatesThe growth was driven largely by rapid expansion of the Gurugram-based company’s quick commerce business, which reported a 79% YoY increase...
Deepinder Goyal’s Temple to open first batch pre-orders on November 1Temple is a head-worn device that tracks blood flow and oxygenation inside the brain. Goyal, who stepped down as Eternal CEO in February, h...
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, 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...
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 ...
NCC shares rally 5% after securing Rs 1,076 crore Andhra Pradesh drinking water projectNCC shares rose after the company received a Rs 1,076.71-crore order, excluding GST, from the Andhra Pradesh government’s Rural Water Suppl...
Power Mech Projects shares gain 3% after securing Rs 279 crore order from Telangana Power Generation CorporationPower Mech Projects secured a Rs 279.20 crore, three-year O&M contract from Telangana Power Generation Corporation for YTPS. The order cove...
Vikram Solar shares rise 3% after securing 400 MW module order from leading EPC companyVikram Solar shares rose 3% after securing a 400 MW module supply order for decentralised solar projects across Maharashtra. The company wi...
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...
ETMarkets Smart Talk| How to find India’s next multibaggers? Pritam Deuskar explains his GIANTS frameworkTo achieve successful long-term investments, investors should target companies with a competitive edge. Pritam Deuskar introduces the GIANT...
Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is whyShares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% do...
Amazon to bet $3 billion on India's fast-delivery boom, sources sayAmazon has announced plans to invest $3 billion in its quick commerce business in India by 2030. This investment aims to expand its network...
Meesho shares rally 12% after UBS hikes target price by 24%. What’s keeping analysts bullish?UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit ...