Versuchen GOLD - Frei
Competition, expansion may weigh on Eternal
Business Standard
|May 03, 2025
However, stock bounces back 8.8 per cent to hit a high of ₹239.5 per share
Food delivery and quick commerce (qcom) company Eternal, formerly known as Zomato, staged a sharp intraday recovery in its share price on Friday. From a low of ₹220.1 per share, Eternal stock price bounced back 8.8 per cent to hit a high of ₹239.5. The stock finally ended the day at ₹234, with gains of 0.8 per cent.
Shares of Eternal recouped trading losses after most analysts maintained their "buy" rating on the stock as the Deepinder Goyal-led company reported its financial results for the fourth quarter (January-March) of 2024-25 (Q4FY25).
Though they believe Eternal's profitability could stay under pressure in the near term as the company is focused on capturing better market share, especially in the face of heightened competition, and prioritising growth over earnings, the worst could be behind the company after the April-June quarter of the current financial year (Q1FY26). This, they said, puts the company on a long-term growth runway.
Diese Geschichte stammt aus der May 03, 2025-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
Govt may open bids to onboard 15K Nvidia GPUs
The Centre is likely to soon open another round of bidding to onboard about 12,000-15,000 B100 and B200 graphic processing units (GPUs) from Nvidia under the IndiaAI Mission, sources told Business Standard on Thursday.
2 mins
January 09, 2026
Business Standard
Journeys in the Chinese imperium
In The Edge of the Empire: A Family’s Reckoning with China Edward Wong, journalist with The New York Times, writes about his and his father’s journeys in and away from China and how they shaped their understanding of the country as well as of each other.
3 mins
January 09, 2026
Business Standard
India may face 500% US tariff over purchase of Russian oil
Trump backs Bill aimed at punishing countries buying Russian crude
2 mins
January 09, 2026
Business Standard
Review benefit illustration, premium table, surrender value clause before purchase
Even as overall grievances against life insurers stayed flat, complaints linked to unfair business practices (UFBP) rose, going from 23,335 in 2023-24 to 26,667 in 2024-25, an increase of 14.3 per cent, according to the Insurance Regulatory and Development Authority of India’s (Irdai) annual report for 2024-25.
2 mins
January 09, 2026
Business Standard
World's copper crunch likely to intensify on AI, defence spending
The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global.
2 mins
January 09, 2026
Business Standard
Indices fall 1% on tariff uncertainty
Indian equity benchmarks Sensex and Nifty posted their steepest one-day drop in more than four months amid heightened uncertainty over US trade tariffs.
2 mins
January 09, 2026
Business Standard
India likely to grow at 6.6% in FY27: UN
India’s economy is projected to grow at 6.6 per cent in 2026-27 (FY27), supported by resilient consumption and strong public investment, which should largely offset the adverse impact of higher US tariffs, the United Nations (UN) said on Thursday.
1 mins
January 09, 2026
Business Standard
Premiumisation may have driven Q3 realty growth
Top listed real estate developers are expected to deliver a healthy performance in terms of presales and earnings forthe third quarter of 2025-26 (Q3FY26), supported by festival demand, resilient buyer sentiment, steady launches, premium sales, and strong collections.
2 mins
January 09, 2026
Business Standard
Govt steps up efforts to attract FDI for GCCs, semicon units
In pursuit of its $1 trillion economy goal, the Uttar Pradesh (UP) government is stepping up efforts to attract foreign direct investment (FDI) in the Global Capability Centres (GCC) and semiconductor plants.
1 min
January 09, 2026
Business Standard
Health sector seeks tax relief, rationalised rates
Health care, medtech, and pharma companies have urged the government to use the Union Budget 2026-27 to ease tax pressures, boost domestic manufacturing, and step up investments in research, innovation, and preventive care.
2 mins
January 09, 2026
Listen
Translate
Change font size