India's Zomato-parent Eternal set for best week on record after strong Q1 results

Eternal

25/07/2025 08:26

** Shares of Eternal ETEA.NS jump 21% this week, set for best weekly gain on record

** ETEA top weekly gainer on benchmark Nifty 50 .NSEI

** Stock also set to log first weekly gain in four

** Gains driven by Zomato and quick commerce platform Blinkit parent's robust Q1 revenue, which boosted hopes for continued growth in quick-commerce business

** Rival Instamart parent Swiggy SWIG.NS also up 5.4% this week, set for its third straight weekly gain; also top weekly gainer on Nifty Next 50 .NN50

** Avg rating on ETEA and SWIG at "buy" - LSEG data

** YTD, ETEA up 12% vs SWIG's 24% decline

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))