The buzz circling the latest Eternal share price extended its Q1 results came out today jumping another 10% to Rs .298.85.
The Eternal's share price rose by up to 7% on Monday, as recorded in the previous session, closing at Rs . 276.5, despite the online food delivery firm posting a 90% decline in its profit.
The Founder of SS Wealthstreet, Ms. Sugandha Sachdeva, said, "This was largely driven by a stellar 70% YoY growth in revenue, rising to Rs.7,167 crore in Q1FY26 from Rs.4,206 crore in Q1 FY25."
Also Read: Swiggy Share Price Gain 7% on Eternal Q1 Results: What's New
The reason behind this magnificent rise in Blinkit price share when the revenue went from Rs 2,400 crore to Rs.942 crore last year.
CEO Sachdeva explained, "The profit decline came from heavy investments in Blinkit, expanding logistics, and advertising costs, but all of these are expected to pay off in the long term. Quick commerce now outperforms food delivery in net order value, which reached Rs.20,183 crore this quarter."
Should You Buy or Sell Eternal’s Stock?
Eternal’s stock price rose 5.64% following the Q1 results, supported by strong buying interest. Analysts believe the stock could hit a near-term target of Rs . 320, with a longer-term target of Rs.356, though some cooling off around Rs.272-274 could offer a good buying opportunity.
However, there is also talk of profit booking. With the stock up 30% in the past three months, some experts, like Anuj Gupta, think the stock may face resistance around Rs . 290-310, suggesting it might be time to take profits.
Eternal’s future looks promising, but investors may want to wait for the right entry point or consider locking in gains for now.
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