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FOUND: Eternal - What They Never Told You

Ahead of Market: 10 things that will decide stock market action on Friday

Sensex and Nifty declined for a fourth straight session as surging crude oil prices and escalating US-Iran tensions dampened investor sentiment. Analysts flagged rising inflation risks, bearish technical indicators and continued market volatility, with Nifty likely to face resistance near the 24,000 mark.

The Economic Times

Eternal shares jump 3% after Q1 results. Jefferies, CLSA and 4 other brokerages weigh in

Shares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, Nomura, Motilal Oswal and Emkay retained positive ratings, citing accelerating growth in food delivery and Blinkit, improving quick commerce profitability, stronger margin guidance and management's confidence that competitive intensity has…

The Economic Times

Eternal’s robust Q1; Meta faces content-blocking allegations

Eternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning Dispatch.

The Economic Times

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Stocks in news: Infosys, IndusInd Bank, Eternal, Adani Green, Dr Reddy's

Indian markets experienced a decline on Wednesday due to global and geopolitical concerns. IndusInd Bank reported a significant profit increase while Eternal saw substantial net profit growth. BPCL, however, posted a considerable loss in the first quarter. Adani Green announced a moderate profit rise, and Dr Reddy's profit declined. Several…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian stock markets experienced significant declines on Wednesday. Escalating global tensions and inflation concerns spooked investors, leading to broad market weakness. Rate-sensitive sectors like realty and banking saw considerable losses. However, FMCG and auto stocks showed relative resilience due to strong earnings. US and European markets also faced mixed trading…

The Economic Times

Eternal Q1 profit jumps 4x; Meta blocks Delhi protest content

Eternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.

The Economic Times

Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food bets

Eternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offerings have had a limited impact on their business. Goyal emphasized Eternal's focus on its Bistro initiative for supply chain innovation. This new model aims to make food delivery viable at lower…

The Economic Times

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Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letter

Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food delivery remains the group's profit engine. Management also addressed mounting quick commerce competition, outlined Blinkit's return framework and detailed continued investments in AI, Bistro and other emerging businesses despite widening losses in newer ventures.

The Economic Times

Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscape

Eternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter was largely driven by seasonal factors. Eternal reported a nearly threefold increase in operating revenue for the June quarter to Rs 20,211 crore. Net profit rose fourfold year-on-year to…

The Economic Times

Eternal Q1 Results: Cons PAT skyrockets 268% YoY to Rs 92 crore; revenue zooms 182%

Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net profit to Rs 92 crore for Q1 FY27, while revenue from operations surged 182% to Rs 20,211 crore, driven by strong business growth. On a sequential basis, however, net profit fell 47% from the previous…

The Economic Times

Q1 Results today: Eternal, Nestle, IndusInd Bank among 63 companies announcing June earnings. What to expect?

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto.

The Economic Times

Stocks in news: IndusInd Bank, Adani Green, Eternal, Maruti Suzuki, Bandhan Bank

Indian markets closed marginally higher after balancing mixed global cues and positive earnings. Adani Energy Solutions reported significant profit growth, while Adani Total Gas saw a decline. Maruti Suzuki announced a price increase, and several companies will report quarterly results soon. Bandhan Bank and Indian Hotels also posted strong first-quarter…

The Economic Times

Eternal Q1 Results Preview: All eyes on Blinkit to drive earnings. Here's what investors can expect

Eternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investors will monitor quick commerce profitability, food delivery margins, competitive intensity and management commentary on sustaining growth amid aggressive market expansion.

The Economic Times

MSCI India rejig: Eternal likely to see highest inflows at $648 mn; Lenskart, Groww among Nuvama’s expected inclusions

MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to attract the highest at $648 million, according to Nuvama. The brokerage sees Laurus Labs, Adani Energy Solutions, Lenskart and Groww among likely inclusions, while Balkrishna Industries, SBI Cards and Astral face potential exclusions.

The Economic Times

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The Economic Times

History test! What last 12 billion-dollar IPO listing gains indicate about SBI Funds' Rs 9,813 crore debut

SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain based on the current grey market premium. While its blockbuster subscription has raised expectations, history shows billion-dollar IPOs have delivered mixed outcomes. Winners like Eternal and ICICI Prudential AMC contrast with…

The Economic Times

Q1 earnings this week: Infosys, Eternal, Bajaj Auto among 256 companies set to announce June quarter results

The Q1 FY27 earnings season gathers momentum this week, with 256 companies scheduled to announce their April-June quarter results. Key names include Infosys, Eternal, Bajaj Auto, UltraTech Cement, Nestlé India, Adani Power, Paytm and TVS Motor. Investors will closely track corporate earnings and management commentary for cues on business performance,…

The Economic Times

Just 2% return! Will SBI Funds Management break the curse of India's poor billion-dollar IPO record?

India's large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management's IPO will now test this trend with its strong financials. Analysis shows eight of thirteen large IPOs are trading above their issue prices. However, several major offerings like New India Assurance have seen significant…

The Economic Times

After Zomato, Deepinder Goyal bets on health tech and aerospace

Deepinder Goyal is preparing to launch Temple, a forehead-worn wellness device that measures the body's metabolic state in real time, marking his first major venture after stepping down as CEO of Eternal. Expected to launch within six months to a year, the wearable will cost about $1,000 and target athletes,…

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The Economic Times

Swiggy, Eternal shares jump up to 20% in one month. Should you buy or avoid?

Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confidence. Analysts express bullish views on both companies' long-term growth prospects. Eternal's quick commerce segment shows promising EBITDA positive results. Investors should monitor competition and valuation dynamics closely.

The Economic Times

Swiggy, Eternal surge up to 7%. Should investors chase the rally?

Swiggy and Eternal shares rallied sharply on Thursday as investor sentiment improved on Swiggy's foreign ownership falling below 50% and optimism around quick commerce. Analysts remain positive on Eternal's long-term prospects, while maintaining a more cautious stance on Swiggy amid intensifying competition in the fast-growing quick commerce market.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities posted their steepest single-day decline since March as rising crude prices, renewed Middle East tensions and weak global cues triggered broad-based selling. Analysts said geopolitical developments, earnings guidance and central bank decisions will shape the market’s near-term direction.

The Economic Times

ETtech Explainer: Has Swiggy become Indian-owned after a drop in foreign ownership?

The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. However, while the foreign shareholding in the company has dropped to less than half, Swiggy has not yet achieved IOCC status.

The Economic Times

10 Nifty stocks Motilal Oswal recommends buying ahead of Q1 results. What can shareholders expect?

As the Q1FY27 earnings season begins with TCS's results on Thursday, Motilal Oswal expects Nifty earnings to grow 10%, the fastest pace in four quarters. The brokerage has identified 10 stocks, including Bharti Airtel, SBI, ICICI Bank, M&M and Titan, that it believes offer attractive upside ahead of the June…

The Economic Times

Blinkit to remain undisputed market leader despite Amazon, Flipkart's QC entry, says Anand Rathi, sees 43% upside

Despite concerns over Amazon and Flipkart intensifying competition in India's quick commerce market, Anand Rathi believes Blinkit remains the clear market leader due to its scale, strong customer retention and limited reliance on heavy discounts. The brokerage has reiterated its 'Buy' rating on Eternal with a target price of Rs…

The Economic Times

Amazon’s rapid delivery push triggers $15 billion rout for Eternal, Swiggy

Eternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart shares have fallen sharply amid concerns over Amazon and Flipkart expanding into rapid commerce through dark stores. The $11 billion segment is heating up further as Zepto prepares a $1 billion IPO…

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