Tag: Eternal Ltd.
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Eternal Ltd Q2 Results Review: Mixed Brokerage Reactions Amid Revenue Growth and Profit Slump
Eternal Ltd, the parent company of Zomato, has reported its Q2 results, with revenue surging nearly threefold but net profit falling 63% year-on-year. Brokerages have mixed reactions, with some reiterating their bullish stance and others expressing caution.
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Eternal Q2 Review: Food Delivery Growth Pangs Persist, Says HDFC Securities
Eternal Ltd.’s Q2 review reveals subdued food delivery demand, while Blinkit’s growth impresses. HDFC Securities maintains ‘Reduce’ stance with a target price of Rs 320/share.
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Zomato Q2 Results Preview: Profit Expected To Jump Over Fourfold, Margin Likely To Expand
Eternal Ltd., formerly known as Zomato, is set to report its Q2 results, with brokerages expecting a significant jump in profit and margin expansion driven by sustained strength in food delivery and quick commerce.