India, Jan. 12 -- The Indian e-retail food delivery sector is booming, driven by rapid urbanisation and increasing smartphone usage. Valued at around USD 45 billion in 2024, it is expected to grow at a CAGR of over 20 percent, potentially reaching close to USD 140 billion by 2030. Increasing demand for convenience, diverse cuisines, and expanding tier 2 and 3 city penetration fuel this surge.

With a market capitalisation of Rs 2,70,837.09 crore, the shares of Eternal Ltd were trading at Rs 280.65 per share, decreasing around 1.32 percent as compared to the previous closing price of Rs 284.40 apiece.

Brokerage Recommendation Global brokerage Goldman Sachs has initiated a positive view on the stock, assigning a 'Buy' rating with a target ...