3
SUMMARY
Zomato and Blinkit parent Eternal’s consolidated net profit for Q2 FY26 declined to INR 65 Cr from INR 176 Cr in the year-ago quarter
Despite the YoY profit decline, brokerages like HSBC and CLSA maintained an ‘Outperform’ rating. Morgan Stanley maintained its ‘Overweight’ rating
Emkay raised the target price to INR 430 from INR 330 earlier. Nuvama also raised the TP to INR 400 from INR 320
Shares of Eternal dropped over 4% to INR 333.75 during the intraday…
