Tech
Eternal Shares Touch Fresh 52-Week High After Q1 Show
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SUMMARY
The rally followed yesterday’s surge in Zomato’s stock after ths company reported higher revenue but missed profit expectations in Q1 FY26
Eternal posted a 90% YoY decline in consolidated net profit to INR 25 Cr for the first quarter of FY26, even as its operating revenue jumped over 70% YoY to INR 7,167 Cr
The stock rally also coincided with positive commentary from brokerage firms UBS, Citi who cited an improving outlook for Blinkit
Shares of foodtech major…
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