With Q4 earnings and the limited risk of further equity dilution already priced in, global brokerage Morgan Stanley has reiterated…
Tag: Eternal
Zomato shares drop: Eternal shares drop 4.5% on foreign shareholding cap
Mumbai: Shares of Eternal, formerly Zomato, fell 4.5% as the company’s decision to cap its foreign shareholding at 49.5% could…
Eternal may see outflows worth $840 million following FTSE, MSCI’s weight cuts
Food delivery company Eternal, formerly known as Zomato, is staring at a passive outflow of $840 million as global index…
Eternal vs Swiggy: diverging strategies, converging goals
In the fast-evolving landscape of online food delivery, quick commerce, and the “going out” category, Zomato’s parent company, Eternal, is…
Eternal shares jump 2% after Q4 results. Should you buy, sell or hold?
Shares of Eternal (formerly Zomato) jumped 2.3% to their day’s high of Rs 237.90 on the BSE on Friday after…
Eternal to announce Q4 results today: Profit to take severe hit even as revenue growth seen strong
Eternal, formerly known as Zomato, is likely to report solid revenue growth in the fourth quarter, but the profitability is…