Eternal Jump 4.5% As Brokerages Cheer Q1 Growth, Blinkit Margin Outlook
by Shrishti Bisht · Inc42SUMMARY
- Shares of Eternal rose 4.5% on the BSE to ₹296.15 after brokerages praised its Q1 FY27 performance and raised target prices
- Analysts expect Blinkit's improving profitability and resilient food delivery business to support Eternal's long-term growth despite intensifying quick commerce competition
- JPMorgan, Jefferies, Nomura, and Citi retained positive ratings on Eternal, with target prices ranging between ₹350 and ₹506.