March 12, 2026 11:24 pm (IST)
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Eternal
Eternal shares jump to multi-month high. Photo: ChatGPT

Mumbai/IBNS: Shares of Eternal—the parent company of food delivery platform Zomato and quick commerce player Blinkit—rose nearly 6% on Tuesday, media reports said.

The stock climbed to Rs. 307.45, its highest level since November 27, 2025.

The rebound comes after the stock had declined following the announcement that founder Deepinder Goyal would step down as Group CEO, with Blinkit CEO Albinder Dhindsa taking over—marking a new phase in the company’s strategy and operations.

In the third quarter of FY2026, Eternal reported a net profit of Rs. 102 crore, while revenue rose to Rs. 16,315 crore.

On a year-on-year basis, net profit increased 57%, revenue grew 20%, and EBITDA surged 54%, CNBC TV18 reported.

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