India, July 24 -- Continuing the rally after the Q1 show, shares of Eternal surged almost 4% to INR 313.95 on the BSE, hitting a fresh 52-week high today.
With the surge in its market price, its market capitalisation stood at INR 2,99,932 Cr with more than 7.12 Cr shares traded hands on the exchanges at 1:00 PM.
The stock's winning streak started on July 21 after it reported higher revenue in the first quarter of financial year Q1 FY26.
Zomato parent Eternal posted a consolidated net profit of INR 25 Cr for the first quarter of FY26, marking a decline of over 90% year on year YoY and 36% quarter on quarter QoQ.
The plunge in net profit was driven by continued investments in its quick commerce vertical Blinkit. However, Eternal's opera...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.