Eternal share price jumps 70% of 52 weeks low, the market cap now before Titan. Can it go past hal, bajaj Finserv?

The market cap of eternal (formerly Zomato) today surpassed the Van Tata Group major – Tata Motors and Titan. Eternal’s M-Cap currently stands at £ 3.13 Lakh Crore against Tata Motors’ £ 2.64 Lakh Crore and Titan’s £ 3.11 Lakh Crore. Deepinder Goyal-led Zomato is also closer to Defense Psu Hindustan Aeronautics’ market cap of £ 3.22 Lakh Crore. Apart from the form this, Eternal’s Stock also has some large firms like Adani Ports (£ 3.02 Lakh Crore), Ongc (£ 2.94 Lakh Crore), Bharat Electronics (£ 2.92 Lakh Crore), Adani Enterprises (£ 2,75 Lakh Crore), JSW Steel (£ 2,71 Lakh crore), crossed. Crore), Wipro (£ 2.63 Lakh Crore), Bajaj Auto (£ 2.52 Lakh Crore), Coal India (£ 2.43 Lakh Crore), among others. Eternal is now among the top 25 shares in the Nifty50 package by market cap. The stock is currently just below NTPC (£ 3.24 Lakh Crore) and Bajaj Finserv (£ 3.33 Lakh Crore). The eternal share performance Eternal share price has seen significant growth since its stock market debut on July 23, 2021 more than four years ago. The company is listed at £ 116 a share on the NSE, a 52.63% premium against its £ 76 IPO expenditure price. Currently, the share is trading 325 percent compared to the issue price and delivers multi -Nagger profits to IPO investors. The eternal share price rose only 2% in one month and 29% in three months. The share has risen 61% over the past six months, while it has risen 17% on a year-on-date basis. From the 52-week low of £ 189.60, in April 2025, the Scriptures jumped by 70.5 percent (from the previous closure). Meanwhile, earlier in September, it touched its 52 -week high of £ 334.40. Eternal Q1 Results Eternal, Zomato’s parent company, reported that a sharp 90 percent year-on-year (yoy) in the net profit is falling for the first quarter of the FY26, with the earnings falling to £ 25. However, revenue from operations increased by 70 percent year to £ 7.167, reflecting a strong momentum about its businesses. An important highlight of the quarter was bright, whose net order value (Nov) for the first time exceeded the core food delivery company of Eternal on a full quarter. On an annual basis, the company said that the total Nov in B2C businesses now amount to about $ 10 billion, with a view to almost half. Blinkit’s Q1 FY26 turnover rose to 2400 crore in the previous year from £ 942 crore, while the gross order value (GOV) rose by 140 percent. The fast trade arm also has the improvement of finances, with adjusted Ebitda loss renewed up to £ 162 crore compared to £ 178 in the first quarter FY25. Eternal said that Ebitda losses at Blinkit reached a peak and predicted that a shift to a stock-led model could add about 100 basis points to margins over the next 2-3 quarters, while requiring minimal working capital. The company also announced plans to almost double the Dark Store network of brightness from 1.544 to 3,000. Brokers responded positively to these developments. JM Financial said Eternal surprised investors with its optimal management commentary about Blinkit, which is unlike the cautious attitude after the Q4 FY25. CLSA maintained its high-performance rating with a target price of £ 385, which calls Blinkit’s rise over food delivery a ‘seismic shift’ in business dynamics. Jefferies upgraded Eternal to a buying rating and increased its target price to £ 400, admitting that it had earlier overestimated the competition. According to Jefferies, Eternal remains an important game on India’s expanding food services market and the acceleration of digital trade. With only about 23 million users who are transactions monthly, the firm’s food delivery business still has a significant space for growth, while shining – the market leader in fast trading – is on the sharper margin improvement in the steady state. Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.