Name: Latest research reports of Eternal Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Eternal Ltd.
Rating: 5
Author: ICICI Securities Limited

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
	12 Oct 2025	Eternal	Consensus Share Price Target	348.30	343.97	-	-1.24	buy	pdf Detailed Estimates
	02 Aug 2024	Eternal	ICICI Securities Limited	348.30	300.00	262.34 (32.77%)	Target met	Buy	pdf post cache	Broker Report Walks a fine line between growth and profitability; outperforms expectations ICICI Securities Limited 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. pdf Copy Link Share on Share on Share on Share on Alert
	02 Aug 2024	Eternal	Axis Direct	348.30	280.00	262.34 (32.77%)	Target met	Buy	pdf post cache	Broker Report Result Update:Zomato Ltd Axis Direct We maintain our BUY rating on the stock. pdf Copy Link Share on Share on Share on Share on Alert
	01 Aug 2024	Eternal	Motilal Oswal Target	348.30	300.00	234.09 (48.79%)	Target met	Buy	pdf post cache	Broker Report Blinkit continues to defy gravity Motilal Oswal Zomato delivered another strong quarter as 1QFY25 revenues of INR42.06b grew 18.1% [QoQ, ahead of our estimate of 6.9% QoQ growth. pdf Copy Link Share on Share on Share on Share on Alert
	31 Jul 2024	Eternal	Axis Direct	348.30	280.00	229.45 (51.80%)	Target met	Buy	pdf post cache	Broker Report Initiating Coverage:Zomato Ltd Axis Direct 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. pdf Copy Link Share on Share on Share on Share on Alert
	13 Jun 2024	Eternal	SBI Securities	348.30	214.00	184.94 (88.33%)	Target met	Buy	pdf post cache	Broker Report Pick of the Week Zomato Ltd SBI Securities pdf Copy Link Share on Share on Share on Share on Alert
	16 May 2024	Eternal	Geojit BNP Paribas Target	348.30	220.00	195.20 (78.43%)	Target met	Buy	pdf post cache	Broker Report ZOMATO LIMITED Geojit BNP Paribas pdf Copy Link Share on Share on Share on Share on Alert
	14 May 2024	Eternal	ICICI Securities Limited	348.30	300.00	187.30 (85.96%)	Target met	Buy	pdf post cache	Broker Report ‘Blitz’ing it in Quick Commerce; Innovating in Food Delivery ICICI Securities Limited 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). pdf Copy Link Share on Share on Share on Share on Alert
	14 May 2024	Eternal	Emkay	348.30	230.00	187.30 (85.96%)	Target met	Buy	pdf post cache	Broker Report Blinkit continues to drive outperformance Emkay 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). pdf Copy Link Share on Share on Share on Share on Alert
	09 May 2024	Eternal	Emkay	348.30	230.00	195.25 (78.39%)	Target met	Buy	pdf post cache	Broker Report Blistering growth with profitability as Blinkit drives upside Emkay 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. pdf Copy Link Share on Share on Share on Share on Alert
	26 Apr 2024	Eternal	ICICI Securities Limited Target	348.30	300.00	188.10 (85.17%)	Target met	Buy	pdf post cache	Broker Report Priming the innovation engine… ICICI Securities Limited 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’. pdf Copy Link Share on Share on Share on Share on Alert
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New 52W High today

Eternal Ltd. share price target

Eternal Ltd. has an average share price target of 310.33. The consensus estimate represents a downside of -10.90% from the last price of 348.30. View 17 reports from 6 analysts offering long-term price targets for Eternal Ltd..

Walks a fine line between growth and profitability; outperforms expectations

Result Update:Zomato Ltd

Blinkit continues to defy gravity

Initiating Coverage:Zomato Ltd

Pick of the Week Zomato Ltd

ZOMATO LIMITED

‘Blitz’ing it in Quick Commerce; Innovating in Food Delivery

Blinkit continues to drive outperformance

Blistering growth with profitability as Blinkit drives upside

Priming the innovation engine…

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