Eternal Share Price Analyzed

Eternal’s stock price jumped to ₹353 on Wednesday, representing a 1.5% increase, fueled by anticipation of their upcoming September quarter (Q2FY26) results. This surge is part of a larger trend, as the company’s stock has risen 9% in the last month, outperforming the broader BSE Sensex, which rose by only 0.76%. Over the past six months, Eternal shares have grown by a remarkable 60%, significantly exceeding the 7.4% growth of the benchmark index.

The key drivers behind this growth are expected to be changes within the company’s business model. Brokerage estimates predict a strong quarterly profit of ₹69.05 crore for Q2FY26, compared to ₹25 crore in the previous quarter, thanks to a shift towards a model focused on inventory, like Blinkit is doing. Furthermore, revenue is projected to jump by 43% to ₹6,841.25 crore, up from ₹4,799 crore a year ago.

Despite this expected increase in revenue, the company is also anticipating a slight decline in revenue on a quarter-to-quarter basis. However, Eternal’s management remains optimistic about long-term growth, predicting a yearly net order value (NOV) growth of 20% due to the continued fundamentals of India – low restaurant food penetration and rising urbanization and incomes.

Key Points

• Eternal stock rose to ₹353, a 1.5% increase, awaiting Q2 results.
• Stock has grown 60% in 6 months, outpacing market benchmarks.
• Company shifts to inventory-led model, boosting potential profits.
• Revenue expected to rise 43% to ₹6,841.25 crore.
• Management predicts 20% NOV growth due to India’s trends.
• Analysts see further upside, with target prices above ₹400.

Ultimately, Eternal’s strong performance signals a promising future for the company and its investors.

Investing in Eternal reflects confidence in the company’s strategic direction and its ability to capitalize on India’s growing food delivery market.