|
20 Sep 2025 |
Eternal
|
Consensus Share Price Target
|
336.55 |
327.81 |
- |
-2.60 |
buy
|
|
|
|
|
02 Aug 2024
|
Eternal
|
ICICI Securities Limited
|
336.55
|
300.00
|
262.34
(28.29%)
|
Target met |
Buy
|
|
|
Zomato achieved 9.8% QoQ in food delivery, ~3% ahead of I-Sec’s estimates and significantly higher than management’s guidance. More importantly, the commentary around ~30% GOV CAGR in food delivery.
|
|
02 Aug 2024
|
Eternal
|
Axis Direct
|
336.55
|
280.00
|
262.34
(28.29%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
01 Aug 2024
|
Eternal
|
Motilal Oswal
|
336.55
|
300.00
|
234.09
(43.77%)
|
Target met |
Buy
|
|
|
Zomato delivered another strong quarter as 1QFY25 revenues of INR42.06b grew 18.1% [QoQ, ahead of our estimate of 6.9% QoQ growth.
|
|
31 Jul 2024
|
Eternal
|
Axis Direct
|
336.55
|
280.00
|
229.45
(46.68%)
|
Target met |
Buy
|
|
|
we initiate coverage on the stock with a BUY rating and value the company on SOTP valuation to arrive at a target price of Rs 280/share, implying an upside of 23% from the CMP.
|
|
13 Jun 2024
|
Eternal
|
SBI Securities
|
336.55
|
214.00
|
184.94
(81.98%)
|
Target met |
Buy
|
|
|
|
|
16 May 2024
|
Eternal
|
Geojit BNP Paribas
|
336.55
|
220.00
|
195.20
(72.41%)
|
Target met |
Buy
|
|
|
|
|
14 May 2024
|
Eternal
|
ICICI Securities Limited
|
336.55
|
300.00
|
187.30
(79.68%)
|
Target met |
Buy
|
|
|
Blinkit is accelerating its dark store addition trajectory, having achieved adj. EBITDA breakeven in Mar’24. Management guided for doubling store count to 1,000 by FY25 (~300 store pipeline ready).
|
|
14 May 2024
|
Eternal
|
Emkay
|
336.55
|
230.00
|
187.30
(79.68%)
|
Target met |
Buy
|
|
|
Zomato posted steady operational results, with revenue ahead of our estimates whereas the margin miss was on account of higher than expected ESOP costs (for the Blinkit leadership team).
|
|
09 May 2024
|
Eternal
|
Emkay
|
336.55
|
230.00
|
195.25
(72.37%)
|
Target met |
Buy
|
|
|
We interacted with industry participants to get a better understanding of the Quick Commerce (QC) business. Key takeaways: a) QC companies have found good product market fit in metros and large cities.
|
|
26 Apr 2024
|
Eternal
|
ICICI Securities Limited
|
336.55
|
300.00
|
188.10
(78.92%)
|
Target met |
Buy
|
|
|
Zomato’s ability to ‘execute’ at scale is well recognised by investors. We believe the company is now gearing up to improve its credentials as an ‘innovator’.
|