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Eternal remains optimistic about food delivery, projecting over 20% annual NOV growth driven by low penetration and rising ...
Emkay has raised its target price on Zomato (Eternal) to Rs 330, citing strong Q1 results and Blinkit's robust growth. With a ...
The 10-minute food delivery boom is fizzling out, with Zomato and Zepto stepping back amid supply chain and execution hurdles ...
Even with generous assumptions, the stock trades at more than 300 times projected earnings. Surely that’s too expensive, ...
Eternal’s shares surged 7.5% to Rs 276.50 on the NSE following the company’s Q1 FY26 results, hitting a five-month high.
Zomato's parent company, Eternal, plans to incorporate a new subsidiary named Blinkit Foods to engage in the business of ...
Swiggy’s food delivery turns EBITDA positive, eyes 5% margin by FY28. Bolt drives growth, but quick commerce losses persist ...
Zomato's parent company reported a 90 percent on-year drop in net profit to Rs 25 crore in Q1 FY26. Its revenue from ...
Blinkit’s gross order value rose to Rs 11,821 crore in the June quarter, surpassing the Rs 10,769 crore generated by ...
Eternal, formerly Zomato, reported a 90% drop in Q1 net profit to ₹25 crore, despite a 70.4% revenue increase to ₹7,167 crore ...
Zomato, why don't you focus on improving the behaviour of delivery boys," she said. Bajaj further said that she had been tracking the order and had made arrangements for someone to collect it.
While analysts remain bullish, they point towards quick commerce margins delaying meaningful margin expansion.