Eternal Share Price Soars 70% From 52-Week Low; Market Cap Overtakes Titan, Nears Hal and Bajaj Finserv

Eternal, the parent of Zomato, has seen its market value rise sharply to ₹3.13 lakh crore, overtaking Tata Motors (₹2.64 lakh crore) and Titan (₹3.11 lakh crore). The company now ranks among the top 25 Nifty 50 stocks by market cap, close to Hindustan Aeronautics (₹3.22 lakh crore), NTPC (₹3.24 lakh crore), and Bajaj Finserv (₹3.33 lakh crore).

Eternal Share Price Rally

From its 52-week low of ₹189.60 in April 2025, Eternal share price (NSE: ETERNAL) has surged 70.5%, hitting a recent high of ₹334.40. Since its 2021 IPO at ₹76, the stock has delivered over 325% gains, becoming a multibagger for early investors.

Q1 Fy26 Results: Profit Down, Revenue Up

In Q1 FY26, Eternal’s net profit fell 90% YoY to ₹25 crore, but revenue rose 70% to ₹7,167 crore. A major driver was Blinkit, which for the first time generated higher net order value than the core food delivery business. Blinkit’s revenue jumped 155% YoY to ₹2,400 crore, while losses narrowed.

Also Read: Myntra Reports Over 1,674% Jump in Net Profit to ₹548.3 Crore in FY25!

Blinkit Leads Growth Story

Blinkit’s gross order value doubled and margins are expected to improve further as the company shifts to an inventory-led model. Eternal also plans to double Blinkit’s dark stores from 1,544 to 3,000, signaling aggressive expansion in quick commerce.

Conclusion

Eternal’s rise into the top market-cap league reflects investor confidence in its food delivery and quick-commerce strategy, especially Blinkit’s rapid growth. While profits are under pressure, revenue momentum, expanding user base, and new business models suggest long-term potential. 

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