Eternal hits record highs as Blinkit growth, margins impress
Eternal (formerly Zomato) hit an all-time high, up 20% in a month, driven by zero debt, strong margins, and record Q1 revenue of ₹7,000 crore. Quick commerce arm Blinkit grew 155% YoY, overtaking food delivery in order value with over 1,500 stores. Analyst sees support at ₹300, resistance at ₹321-330; momentum could test higher levels.