Eternal hits record high, quick commerce fuels bullish setup
Eternal surged over 14% to a record high after strong Q1FY26 revenue growth and Blinkit overtaking Zomato in order value. While bullish momentum builds amid breakout attempts above ₹300, analysts urge caution due to declining profit and high expansion costs. Cash reserves of ₹18,857 crore offer a cushion, but sustainable profitability remains a key concern.