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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...- 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...
- 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...
- Blinkit expects to cross 3,500 stores by FY27; CEO Albinder bullish on growth in small citiesEternal's quick commerce platform Blinkit is set to expand significantly, aiming for 3,500 stores by March 2027. CEO Albinder Dhindsa empha...
- Vishal Mega Mart shares sink 8% as Q2 margin takes a hit despite profit growthVishal Mega Mart shares fell sharply on Wednesday after the retailer reported a 110-basis-point year-on-year contraction in EBITDA margin t...
- Myntra sees Gen Z drive beauty growth as skincare, smaller cities gain groundGen Z accounts for 60% of Myntra’s beauty shoppers, spending 1.2 times as much on beauty as the average customer, according to the company’...
- Edgistify adds a 68,000 sq ft Grade A warehouse at IndoSpace LuhariEdgistify timed the launch for the festive season, the busiest time of the year for consumer brands
- Shellz India SME IPO opens for subscription today: Check price band and key detailsThe company has fixed the price band for its IPO at Rs 170–179 per share. The lot size is 800 shares. At the upper end of the price band, t...
- 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...
- SoftBank invested $20 million in Alibaba in 2000. 14 years later, that tiny stake was worth more than $50 billion after its blockbuster IPOIn 2000, SoftBank’s Masayoshi Son invested $20 million in Alibaba, the Chinese online marketplace founded by Jack Ma. The company had littl...
- Zetwerk IPO eyes big returns; Flipkart alumni seek Esop buybackZetwerk’s early investors are poised for big gains as the platform prepares to go public. This and more in today’s ETtech Top 5.
- Salons double festive makeover prices as Navratri demand surges, costs riseSalons and services apps have increased their prices significantly due to a surge in demand for festive services. The rise in costs is attr...
- Meesho shares surge 5% as strong festive sales, Q2 biz update boost sentiment. Should you buy?Meesho shares rallied as much as 5% after the company reported a 75% year-on-year jump in Day 1 orders during its Mega Blockbuster Sale 202...
- Online festive sales start slow as smartphone demand dips; quick commerce extends shopping windowIndustry executives and analysts attributed the 7-10% year-on-year (YoY) decline to a slowdown in mobile phone purchases following price hi...
- Have Money, Will Buy! Festive online sales off to fine 'premium' startDuring the festive season, demand for premium goods has seen significant growth on e-commerce platforms. Sales have increased by 40% compar...
- Startup of the Year Groww bets on scale; Qcomm sparks festive credit surgeHappy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispa...
- Quick commerce fuels festive credit demand as brands seek working capitalIndifi has seen a roughly 50% increase in disbursements to quick commerce-focussed sellers compared to previous years. “Quick commerce is a...
- DMart plunges 6.7% as Citi, Goldman retain sell callAvenue Supermarts' shares fell by 6.7% on Monday amid worries about its competitive landscape and valuation concerns. Citi and Goldman Sach...
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