Preview: India's Eternal rises ahead of quarterly results

Eternal

21/01/2026 09:00

Updates

** Shares of India's online food and grocery delivery firm Eternal ETEA.NS rise nearly 5% to 282 rupees ahead of third-quarter results, snapping a three-day losing run

** ETEA on course for best day since July 22, 2025

** On avg, analysts expect co's Q3 revenue to rise almost three fold y/y to 162.12 billion rupees ($1.8 billion) for the quarter ended December 31 - data compiled by LSEG

** Analysts on avg expect co's Q3 net profit to more than double to 1.39 bln rupees - data compiled by LSEG

** Elara Capital says Blinkit’s losses may drop by 18% q/q

** Goldman Sachs expects net order value growth to stay strong despite moderation, and does not see structural issues in the business

** Eternal rated 'buy' on avg by 31 analysts with median PT at 400 rupees; rival Swiggy SWIG.NS rated 'buy' on avg by 25 analysts, PT at 490 rupees - data compiled by LSEG

** In 2025, ETEA was flat vs SWIG's 29% decline

($1 = 91.1000 Indian rupees)

 (Reporting by Surbhi Misra and Komal Salecha in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))