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Latest news about Eternal

Zomato Shares See Block Trade Worth Rs. 55.50 Crores on NSE 8 days ago

Eternal, previously known as Zomato, experienced a significant block trade on the National Stock Exchange. The transaction involved 1,694,177 shares at Rs. 327.60 per share, totaling Rs. 55.50 crores. This block trade represents only a fraction of Eternal's total outstanding shares and may not necessarily indicate a change in the company's fundamentals.

Eternal Limited Reports Strong Q2FY26 Results with 137% Growth in Quick Commerce 9 days ago

Eternal Limited Faces ₹128.34 Crore GST Demand and Penalty from Uttar Pradesh Tax Authority Oct 22, 2025

Eternal Ltd. Faces Rs 128 Crore GST Demand from UP Tax Authorities Oct 19, 2025

Eternal Ltd's Q2 Revenue Surges, Profitability Declines Amid Expansion Oct 17, 2025

More news about Eternal

16Oct 25

Eternal Reports No Deviation in Rs 8,436 Crore QIP Proceeds Utilization and Announces Bistro by Blinkit Business Transfer

Eternal (formerly Zomato) has reported no deviation in the utilization of Rs 8,436.12 crore QIP proceeds as per the monitoring agency report. Funds are allocated for dark stores, marketing, technology, and corporate purposes. Rs 2,945.61 crore has been utilized, with the remainder invested in various instruments. Separately, Eternal announced the transfer of Bistro by Blinkit business from BCPL to BFL for INR 57 crores as part of internal restructuring.

16Oct 25

Eternal Faces Headwinds Despite Strong Growth in Quick Commerce and Food Delivery, Takes Wait-and-Watch Approach on Budget App

Eternal Limited, formerly Zomato, reported significant improvements across multiple business segments, particularly in quick commerce with 137% year-over-year growth. Food delivery grew 14% year-over-year with record 5.3% profitability. The company reduced quarterly losses to INR 156.00 crore and improved adjusted EBITDA margin to -1.3%. However, Eternal faces challenges including weaker consumer spending and increased competition. The company decided against launching a separate budget-focused food delivery app, instead reducing the minimum order value for free delivery to Rs 99 for Zomato Gold users.

16Oct 25

Eternal Limited Reports Robust Q2 FY2026 Results with 183% Revenue Surge; Announces New CSR Subsidiary

Eternal Limited's Q2 FY2026 consolidated revenue soared 183% year-over-year to INR 13,590.00 crores. Despite revenue growth, net profit decreased to INR 65.00 crores from INR 176.00 crores in Q2 FY2025. The company approved the incorporation of Eternal General Service Foundation for CSR activities. Quick commerce segment showed exceptional growth, contributing significantly to overall revenue. Ongoing GST disputes totaling INR 441.00 crores related to delivery charges persist.

15Oct 25

Zomato's Parent Eternal Eyes 137% Revenue Surge, Profit Squeeze in Q2

Eternal, Zomato's parent company, is expected to report up to 137% year-on-year revenue growth in Q2, driven by strong performance from its quick commerce platform Blinkit. However, profit after tax may decline by up to 71% year-on-year. Food delivery segment projects 17% growth in gross order value, while Blinkit estimates 24% quarter-on-quarter growth. Profitability faces challenges due to elevated costs, increased rider incentives, and higher marketing expenses. Analysts express concerns about sustainability amid intensifying competition from Zepto, Amazon, and JioMart in the quick commerce space.

14Oct 25

Zomato Teams Up with Indian Government to Boost Gig Economy

Eternal, a leading food delivery platform in India, has partnered with the Indian government to create 20,000 gig jobs monthly through the National Career Service Portal. This collaboration aims to connect job seekers with gig economy opportunities, supporting Eternal's expansion while addressing employment challenges. The initiative provides easy access to gig work, integrates with a government-backed job portal, and offers potential for flexible working arrangements.

14Oct 25

Eternal Ltd to Announce Q2FY26 Results on October 16; Stock Hits 52-Week High

Eternal Ltd, parent company of Zomato and Blinkit, will release Q2FY26 and H1FY26 results on October 16, 2025. The Board meeting is scheduled for the same day, followed by an earnings call at 5:00 PM IST. The company's stock recently hit a 52-week high of Rs 352.00, showing a 56.14% increase over six months. However, Q1FY26 results fell short of analyst expectations with a consolidated net profit of Rs 25.00 crore against an estimated Rs 106.80 crore. Investors will focus on revenue growth, profitability metrics, strategic initiatives, and future guidance.

09Oct 25

Eternal and Swiggy Shares Rally on Citi's Upbeat Quick-Commerce Growth Outlook

Shares of food delivery companies Eternal and Swiggy rose as Citi increased target prices for both, citing strong growth in quick-commerce. Eternal's stock climbed 1.70% to 347.50, a 52-week high, with Citi raising its target from 320.00 to 395.00. Swiggy's shares jumped 4.00% to 435.95, with a new target of 495.00. Citi projects significant growth for Eternal's Blinkit quick-commerce GOV and expects Swiggy's quick-commerce unit to approach break-even soon. Both companies showed strong year-on-year growth in revenue and GOV, particularly in their quick-commerce segments.

03Oct 25

Goldman Sachs Offloads Rs 355 Crore Eternal Shares in Block Deal

Goldman Sachs sold over 1 crore Eternal shares to BofA Securities for Rs 355.32 crore at Rs 329 per share. Eternal's stock closed at Rs 328.20, down 0.24%. The company's market cap is Rs 3.16 lakh crore. Q2 results showed 70% revenue growth to Rs 7,167 crore, but net profit fell 90% to Rs 25 crore due to investments in quick commerce. Blinkit, Eternal's quick commerce segment, saw 125% year-on-year growth in net order value, outpacing competitor Swiggy's Instamart.

25Sept 25

Eternal Limited's Subsidiary Blink Commerce Sees Trademark Lawsuit Dismissed

Eternal Limited announced that a lawsuit against its subsidiary, Blink Commerce Private Limited (BCPL), has been dismissed. The plaintiffs withdrew the suit, which sought to restrict BCPL from infringing on registered trademarks. The dismissal was confirmed through the e-courts portal on September 25, 2025. This development follows the company's initial disclosure of the legal matter on August 3, 2023. The announcement was made in compliance with SEBI regulations.

25Sept 25

Air India and Zomato Forge Strategic Partnership

Eternal, India's national carrier, and Zomato, a leading food delivery platform, have formed a strategic partnership. While specific details remain undisclosed, the collaboration could potentially reshape in-flight dining and explore synergies between aviation and food delivery sectors. This partnership may enhance Eternal's dining offerings and expand Zomato's reach into the aviation market, setting a precedent for cross-industry collaborations.

22Sept 25

Eternal Shares Soar to Record High, Market Cap Surpasses Rs 3.26 Lakh Crore

Eternal Ltd.'s shares reached a new record high, surging 70% from their 52-week low and 325% above the IPO price. The company's market cap has grown to Rs 3.26 lakh crore, surpassing Titan and Tata Motors. Out of 33 analysts, 29 maintain 'buy' ratings with price targets up to Rs 420. Blinkit, Eternal's quick commerce business, showed 140% year-on-year growth, while the food delivery segment growth slowed to 16%. The company reported Q1 treasury income of Rs 235 crore, exceeding its adjusted EBITDA of Rs 172 crore. Management expects 15-20% growth in food delivery and plans to expand Blinkit to 3,000 stores.

18Sept 25

Eternal Ltd's Market Cap Soars to Rs 3.26 Lakh Crore, Outpacing Major Companies

Eternal Ltd, parent company of Zomato and Blinkit, has seen its market capitalization rise to Rs 3.26 lakh crore. The company's stock closed at Rs 337.90 on BSE, up 2.96%, hitting a 52-week high of Rs 338.65. The stock has gained 5.11% over four trading days and provided a 21.54% return to investors. Eternal Ltd now ranks 22nd among the top 100 companies by market cap, surpassing several major firms including Hindustan Aeronautics, Titan Company, and Avenue Supermarts.

16Sept 25

Eternal Surpasses Tata Motors and Titan in Market Cap, Enters Nifty50 Top 25

Eternal, formerly Zomato, has reached a market capitalization of Rs 3.13 lakh crore, surpassing Tata Motors (Rs 2.64 lakh crore) and Titan (Rs 3.12 lakh crore). This milestone places Eternal among the top 25 Nifty50 stocks, outranking companies like Adani Ports, ONGC, and Bharat Electronics. The company's stock has shown strong performance, with a 72% increase from its 52-week low and 61.37% growth in the last six months. Blinkit, Eternal's quick commerce arm, is credited as a key driver of this growth.

15Sept 25

Amazon's Quick Commerce Expansion Unlikely to Dethrone Blinkit and Swiggy

Amazon has expanded its 10-minute delivery service, Amazon Now, to Mumbai after successful pilots in Bengaluru and Delhi, operating about 100 dark stores across these cities. Despite 25% month-on-month order growth and increased Prime member engagement, analysts remain skeptical about Amazon's ability to disrupt market leaders. Blinkit and Swiggy maintain significant advantages with 1,544 and 1,062 dark stores respectively, compared to Amazon's 100. Analysts cite execution challenges, first-mover advantages, and established logistics networks as factors favoring incumbents. Blinkit aims for adjusted EBITDA breakeven by Q4 FY26 and targets 2,000 stores by December 2025. Zomato shares rose 1% to Rs 325.00, while Swiggy's valuation increased with shares up 2% to Rs 427.00.

02Sept 25

Zomato Hikes Platform Fee by 20% on Food Delivery Orders

Eternal, a leading Indian food delivery platform, has increased its platform fee from ₹10.00 to ₹12.00, representing a 20% hike. This ₹2.00 increase per order is expected to impact customer costs and potentially influence the company's revenue. The move reflects the ongoing challenges in the food delivery sector as companies balance profitability with customer satisfaction. The industry will be watching closely to see how this affects customer behavior and whether competitors will adjust their pricing strategies in response.

29Aug 25

Zomato Shares Worth Rs. 15.74 Crores Traded in NSE Block Deal

A block trade of 508,355 shares of Eternal, a popular food delivery platform, occurred on the National Stock Exchange (NSE). The shares were traded at Rs. 309.65 per share, totaling a transaction value of Rs. 15.74 crores. While the identities of the buyer and seller remain undisclosed, the size of the trade suggests potential institutional or high-net-worth individual involvement. This transaction highlights ongoing investor interest in Eternal's stock and its position in India's competitive food-tech sector.

26Aug 25

Eternal Ltd. Faces Over Rs 40 Crore GST Demand, Plans to Appeal

Eternal Ltd., parent company of Zomato and Blinkit, received GST orders totaling over Rs 40 crore for July 2017 to March 2020. The demand includes Rs 17.19 crore in GST, Rs 21.42 crore in interest, and Rs 1.72 crore in penalties. Violations cited include short payment of output tax and excess input tax credit availment. Eternal plans to appeal, believing it has a strong case and expects no financial impact.

22Aug 25

Eternal Expands 10-Minute Food Delivery with New Subsidiary Blinkit Foods

Eternal Limited, formerly Zomato, has established a new subsidiary, Blinkit Foods Limited, to expand its 10-minute food delivery service under the Bistro brand. The company is currently operating 38 Bistro kitchens in Bengaluru and Delhi-NCR. CEO Deepinder Goyal reported positive early demand trends but emphasized the need to refine the business model for profitability. The market responded with a slight dip, as Eternal's shares closed 1.50% lower at Rs 321.65 on the BSE. Additionally, Eternal held its 15th AGM, passing resolutions for auditor appointments and director re-appointment.

21Aug 25

Eternal Co Establishes Wholly-Owned Subsidiary Blinkit Foods Limited

Eternal Limited, formerly Zomato Limited, has incorporated a new wholly-owned subsidiary, Blinkit Foods Limited, on August 18, 2025. The subsidiary received its incorporation certificate on August 21, 2025, with CIN: U47222DL2025PLC453320, PAN: AANCB8469J, and TAN: DELB30942C. This move suggests a potential expansion in food-related operations, possibly focusing on quick commerce or rapid food delivery services.

19Aug 25

Eternal Limited Faces ₹14.76 Crore GST Demand and Penalty for FY 2020-21

Eternal Limited, formerly Zomato Limited, received a GST demand order of ₹14.76 crore plus an equal penalty from Uttar Pradesh tax authorities for the 2020-21 financial year. The order alleges short payment of tax collected at source and output tax. Eternal plans to appeal, stating it has a strong case and expects no financial impact.

19Aug 25

Zomato Shares Worth Rs. 63.44 Crores Traded in NSE Block Deal

A significant block trade of approximately 2,009,860 shares of Eternal, a popular food delivery platform, occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 63.44 crores, with shares priced at Rs. 315.65 each. This substantial deal has drawn attention from market observers, potentially indicating significant interest from institutional investors or large shareholders. The transaction's impact on Eternal's stock performance and market dynamics will be closely monitored in the coming days.

11Aug 25

Blinkit CEO Leads Rs 419 Crore Employee Stock Option Exercise at Eternal

Over 140 executives at Eternal exercised employee stock options (ESOPs) worth Rs 419 crore on July 29-30. Blinkit CEO Albinder Dhindsa led the exercise, converting options for 7 million shares valued at Rs 214.51 crore. 31 other executives converted options worth over Rs 1 crore each, with nearly half from Blinkit. Eternal's stock closed at Rs 300.80, valuing the company at Rs 2.90 lakh crore. Blinkit's Gross Order Value grew 140% year-on-year to Rs 11,821 crore, surpassing Zomato's GOV. However, Eternal's net profit decreased by 90% to Rs 25 crore due to competitive intensity and expansion efforts.

08Aug 25

Eternal Limited Completes Dissolution of Malaysian Subsidiary

Eternal Limited, formerly Zomato Limited, has completed the dissolution of its step-down subsidiary, Zomato Malaysia Sdn. Bhd., effective August 08, 2025. This action, previously announced on February 15, 2024, was disclosed in compliance with SEBI regulations. The dissolution signifies a strategic move to streamline the company's international operations.

07Aug 25

Eternal Limited Faces ₹1.35 Crore GST Demand and Penalty from UP Tax Authority

Eternal Limited, formerly Zomato Limited, received a GST demand order of ₹1.35 crore from Uttar Pradesh tax authorities for the period April 2021 to March 2022. The order includes ₹67.25 lakh in GST demand and an equal penalty amount. The company plans to appeal, believing it has a strong case, and doesn't anticipate any financial impact. This disclosure was made in compliance with SEBI regulations.

29Jul 25

Eternal's Workforce Surges Past Tata Consumer Products Amid Shifting Pay Dynamics

Eternal, parent company of Zomato and Blinkit, has expanded its workforce to 16,375 employees in FY25, more than doubling its previous count. This growth is driven by expansion in quick-commerce, going-out business, and recent acquisitions. Employee benefit expenses increased by 54% to ₹2,558.00 crore, with share-based payments up 55% to ₹798.00 crore. Average pay for non-managerial roles decreased due to more lower-salaried staff, while independent directors' compensation quadrupled. The company's attrition rate rose to 44% from 37%, attributed to internal transfers and frontline role turnover.

25Jul 25

Eternal Limited Reports Strong Quick Commerce Growth and Signs of Food Delivery Recovery in Q1FY26

Eternal Limited (formerly Zomato) announced robust Q1FY26 performance in its quick commerce segment and early recovery signs in food delivery. Blinkit, its quick commerce arm, saw GOV exceeding ₹5,000 crore and MTU surpassing 15 million. The segment's adjusted EBITDA margins improved from -2.4% to -1.8% quarter-on-quarter. Blinkit plans to expand from 1,500 to 3,000 dark stores. Eternal aims to transition to first-party inventory ownership, expecting a 100 basis points margin improvement. The food delivery segment showed improved app engagement and higher customer return rates. Delhi, a mature market, demonstrated 70% year-on-year growth in quick commerce.

24Jul 25

Eternal Ltd Shares Soar to All-Time High on Robust Quarterly Revenue Growth

Eternal Ltd, a food delivery company, saw its shares surge to a new lifetime high with a 4% increase, following a 15% rally since Monday. The company reported a quarterly revenue of ₹7,167.00 crore, up 23% quarter-on-quarter, exceeding analyst expectations. Despite a 36% decline in net profit to ₹25.00 crore, investors focused on top-line growth. The B2C vertical, including Blinkit and Hyperpure divisions, showed significant strength with an annualized net order value of nearly $10 billion. The stock has gained 39.67% over the past 12 months, with 28 out of 32 analysts maintaining a 'buy' rating.

24Jul 25

Eternal Shares See Rs. 87.03 Crore Block Trade on NSE

A significant block trade of Eternal shares occurred on the National Stock Exchange (NSE), involving 2,850,689 shares at Rs. 305.30 per share, totaling Rs. 87.03 crore. The transaction indicates substantial market interest in Eternal, though the identities of the buyers and sellers were not disclosed.

23Jul 25

Eternal Sees Shift in Investor Base as Mutual Funds Ramp Up Stakes

Eternal experienced significant changes in its investor base during Q2. FIIs reduced their stake to 42.30%, while mutual funds increased theirs to 21.60%. Retail investors decreased holdings to 5.50%. Blinkit, Eternal's quick-commerce arm, reported 140% YoY GMV growth. The company plans to transition Blinkit to an inventory-led model, expecting 100 bps margin expansion. Goldman, Jefferies, and Emkay analysts expressed optimism about Eternal's growth prospects.

22Jul 25

Eternal Ltd Surges to ₹3 Lakh Crore Market Cap, Outpacing 20 Nifty 50 Companies

Eternal Ltd (formerly Zomato) reached a market capitalization of ₹3 lakh crore, surpassing over 20 Nifty 50 constituents. The company reported strong Q2 results with 70.4% YoY revenue growth to ₹7,167 crore. Quick commerce segment outperformed food delivery for the first time. The company announced strategic initiatives including inventory ownership in quick commerce, incorporation of Blinkit Foods Limited, expansion of quick commerce stores, and launch of 'Greening India' initiative. CEO Deepinder Goyal highlighted the company's rotational leadership model.

22Jul 25

Eternal Limited Reports Strong Q1 FY26 Growth, Expands Quick Commerce Business

Eternal Limited's Q1 FY26 results show 70% year-over-year revenue growth to INR 7,167.00 crore. Quick commerce overtook food delivery in Net Order Value for the first time. The company added 243 new stores, aiming for 2,000 by Dec 2025. Segment-wise, quick commerce grew 155%, food delivery 16%, Hyperpure supplies 89%, and going out more than doubled. Despite growth, profit after tax decreased to INR 25.00 crore. The company is transitioning to a combined marketplace and inventory-led model in quick commerce. A new 'Rotational Leadership' model was introduced for the food delivery business. Eternal also launched 'Greening India', an agroforestry initiative.

22Jul 25

Eternal's Q1 FY26: Blinkit Outpaces Zomato as Quick Commerce Takes Center Stage

Eternal Limited reported a 67% YoY revenue growth to INR 7,167.00 crore in Q1 FY26, with quick commerce segment Blinkit surpassing Zomato in net order value. Quick commerce revenue grew 155% YoY to INR 2,400.00 crore, while food delivery generated INR 2,261.00 crore. Adjusted EBITDA declined 42% YoY to INR 172.00 crore due to investments in quick commerce and going-out segments. Blinkit expanded to 1,544 stores, aiming for 2,000 by December 2025. Eternal is transitioning to a hybrid marketplace and inventory-led model for quick commerce and launched 'Bistro', a 10-minute food delivery service in select cities. The company also introduced a 'Rotational Leadership' model and an agroforestry initiative 'Greening India'.

21Jul 25

Eternal Ltd Reports Strong Q1 Growth, Shifts Quick Commerce to Inventory Model

Eternal Ltd (formerly Zomato) reported Q1 consolidated revenue of Rs 7,167.00 crore, up 70.4% year-over-year. Net order value of B2C businesses grew 55%. Profit decreased 90.1% to Rs 25.00 crore due to investments in quick commerce and going-out segments. Quick commerce revenue grew 155% year-over-year to Rs 2,400.00 crore, surpassing food delivery. The company is transitioning its quick commerce business to an inventory ownership model and launching a food preparation service. A 'Rotational Leadership' model was introduced for the Zomato business.

21Jul 25

Eternal Ltd. Q1 Profit Dips 36% to ₹25 Crore, Revenue Surges 23%

Eternal Ltd., Zomato's parent company, reported a 36% sequential decline in Q1 consolidated net profit to ₹25.00 crore, missing analyst estimates. However, consolidated revenue grew 23% to ₹7,167.00 crore, with a 70% year-over-year increase. Quick commerce segment outperformed, exceeding food delivery in Net Order Value. Adjusted EBITDA rose 60% to ₹115.00 crore, but margin decreased. The company incorporated Blinkit Foods, a new subsidiary for food services. Despite profit decline, share price gained 4% post-announcement.

21Jul 25

Eternal Reports Strong Q1 Revenue Growth, Driven by Quick Commerce and Food Delivery

Eternal Limited's consolidated revenue from operations increased 67% year-over-year to Rs 7,167.00 crore in Q1. Quick commerce segment, including Blinkit, outperformed food delivery for the first time, with revenue up 155% to Rs 2,400.00 crore. Food delivery revenue grew 16% to Rs 2,261.00 crore. Hyperpure B2B supplies business revenue rose 89% to Rs 2,295.00 crore. Going-out segment generated Rs 207.00 crore. Consolidated profit after tax was Rs 25.00 crore. The company is transitioning its quick commerce model and investing in new initiatives like Bistro and Greening India.

21Jul 25

Eternal Limited Approves Q1 2025 Results, Plans 15th AGM, and Incorporates New Subsidiary

Eternal Limited released Q1 2025 financial results, reporting consolidated revenue of INR 7,167.00 crores and profit of INR 25.00 crores. The company approved the formation of a wholly owned subsidiary, Blinkit Foods Limited, focusing on food services. Eternal scheduled its 15th Annual General Meeting for August 19, 2025, and proposed re-appointment of auditors. The company is contesting GST disputes amounting to INR 441.00 crores.

20Jul 25

Eternal's Q1 Results Preview: Revenue Growth Expected Despite Projected PAT Decline

Eternal, Zomato's parent company, is set to announce Q1 earnings on July 21. Analysts project a 69-89% year-on-year decline in profit after tax (PAT), with estimates ranging from Rs 28.00 to 78.00 crore. However, overall revenue is expected to grow 57-59% year-on-year. Blinkit, Hyperpure, and food delivery segments are anticipated to show growth of 113%, 75%, and 18% respectively. EBITDA margins are forecasted between 1.90% and 2.80%, showing a year-on-year decline but quarter-on-quarter improvement. Key focus areas include Blinkit's revenue contribution, food delivery cost structure, GMV growth, store expansion plans, and profitability timelines across segments.

14Jul 25

Eternal Ltd.'s Blinkit Shifts to Inventory-Led Model, Eyeing Margin Boost

Eternal Ltd., Blinkit's parent company, announces a strategic shift from a marketplace to an inventory-led business model for Blinkit, effective September 1. This change is expected to improve Ebitda margins by 50-110 basis points and potentially lead to Ebitda break-even by Q3 FY24. JM Financial maintains a 'buy' rating on Eternal Ltd.'s stock with a target price of Rs 320.00, reflecting confidence in the new strategy.

06Jul 25

Eternal Ltd. Announces Leadership Change in Food Delivery Business

Eternal Ltd., a major food delivery company, is undergoing a leadership transition. Current CEO Rakesh Ranjan will step down on July 6. Aditya Mangla, currently head of product for food ordering and delivery, is set to become the new CEO, pending board approval on July 5. If approved, Mangla will serve a two-year term. This change comes at a critical time for Eternal Ltd. in the competitive food delivery market.

12Jun 25

Eternal Shares Surge in Pre-Open Block Trade: 6.09 Million Shares Change Hands

Eternal, a prominent Indian stock market player, experienced a significant block trade of approximately 6.09 million shares on the National Stock Exchange during pre-market hours. The transaction, valued at Rs 156.59 crore, was executed at Rs 257.00 per share. While the identities of the buyers and sellers remain undisclosed, this large-scale trade suggests potential changes in ownership structure or significant investor interest in the company.

11Jun 25

Eternal Ltd Stock Rises 2% Following ₹156 Crore Block Deal

Eternal Ltd, Zomato's parent company, saw a 2% increase in stock price following a block deal of 60.93 lakh shares worth ₹156 crore at ₹256 per share. The transaction represents 0.06% of the company's total equity. This comes as Rapido, a bike taxi aggregator, is rumored to be entering the food delivery market with lower commissions for restaurants, potentially challenging Zomato's position.

27May 25

Eternal Shares Tumble 4.5% on Foreign Shareholding Cap Announcement

Eternal (formerly Zomato) saw its shares drop 4.5% after announcing a 49.5% cap on foreign shareholding. This decision, aimed at enabling a first-party inventory model for its subsidiary Blinkit, could lead to outflows of ₹6,808-10,793 crore due to potential weight reductions in global indices like MSCI and FTSE. The move is strategically focused on enhancing Blinkit's operational flexibility in the quick-commerce sector, but has raised concerns among investors about short-term market impacts.

26May 25

Eternal Faces $840 Million Potential Outflow as FTSE and MSCI Reduce Weightage

Eternal, formerly Zomato, is experiencing significant reductions in its global index weightings due to a decrease in its Foreign Ownership Limit. FTSE is cutting Eternal's investability weighting from 82.74% to 49.50%, effective May 28. MSCI will also adjust Eternal's weighting, with changes set for May 30, 2025. These modifications are expected to result in passive outflows of approximately $840 million as index-tracking funds adjust their holdings. The changes may put pressure on Eternal's stock price in the short to medium term.

24May 25

Eternal Faces $840 Million Outflow Risk as FTSE and MSCI Slash Weightings

Eternal, formerly Zomato, is expecting a potential $840 million passive outflow due to reduced weightage by FTSE and MSCI index providers. FTSE Russell will decrease Eternal's investability weighting from 82.74% to 49.50% on May 28, while MSCI's adjustments on May 30, 2025, could lead to a $460 million outflow. These changes follow a shareholder-approved reduction in the Foreign Ownership Limit (FOL) for the company.

23May 25

Eternal Ltd: FTSE and MSCI Weight Changes Could Trigger $840 Million Outflows

Eternal Ltd, a major Indian stock, is experiencing significant changes in its global index weightings. FTSE Russell has announced a reduction in Eternal Ltd's investability weight due to a lower foreign ownership limit, effective May 27. MSCI is expected to make similar adjustments after May 30. These changes could potentially lead to outflows of approximately $840 million from Eternal Ltd's stock, impacting its liquidity and price in the short term.

20May 25

Eternal Faces $1.3 Billion FII Outflow Risk and Potential MSCI Exclusion

Eternal shareholders voted 99% in favor of converting to an Indian Owned & Controlled Company status. This move could lead to a $1.3 billion foreign institutional investor outflow and potential exclusion from the MSCI index. Foreign ownership currently stands at 44.80-46.00%. Jefferies analysts highlight the risk of MSCI exclusion or reduced weight. The company's shares declined 4.00% following the analysis.

15May 25

Zomato's Parent Company Eternal Ltd Secures Prime Office Space in Mumbai

Eternal Ltd, Zomato's parent company, has leased 84,157 square feet of office space in Andheri East, Mumbai, for five years starting May 1, 2025. The lease costs ₹1.34 crore monthly, totaling ₹95.00 crore over the lease period. This move suggests expansion beyond food delivery, strengthening presence in Mumbai, long-term commitment, and potential for new ventures.

05May 25

Eternal Ltd. Shows Promising Signs in Food Delivery and Quick Commerce Sector

Eternal Ltd. (formerly Zomato) reported a 9.62% increase in quarterly revenue to ₹6,201.00 crore, despite urban spending slowdown. Net profit reached ₹39.00 crore, down 33.90% from the previous quarter. EBITDA improved by 6.28% to ₹440.00 crore, indicating better cost management. However, operating profit margin decreased to 1.23% from 3.00%. Total expenses rose 9.88% to ₹5,761.00 crore, reflecting ongoing investments in growth. The results suggest progress towards a sustainable business model in the competitive food delivery and quick commerce sector.

02May 25

Eternal Ltd.: Q4 Profit Drops 34%, Missing Estimates Amid Growth and Challenges

Eternal Limited's Q4 FY25 results show a 7.9% year-over-year revenue growth to ₹5,833.00 crore, beating expectations. However, net profit declined 34.0% year-over-year. The company expanded its quick commerce segment, adding 294 new Blinkit stores. Strategic moves include shutting down Zomato Quick and Zomato Everyday verticals. The stock initially dropped 5.3% but later recovered, indicating mixed market sentiment.

01May 25

Eternal (Formerly Zomato) Reports 78% Drop in Q4 Profit Despite 64% Revenue Surge

Eternal reported a 63.8% year-over-year increase in revenue from operations, reaching 5,833.00 crore in Q4FY25. However, consolidated net profit declined by 77.7% to 39.00 crore, a steeper drop than analysts expected. The results suggest strong performances in Hyperpure and Blinkit segments, contributing to revenue growth, while rapid expansion likely impacted profitability. Investors will focus on the company's strategies to balance growth with profitability in coming quarters.

30Apr 25

Eternal (ex-Zomato) Q4 FY25 Results Preview: Analysts Expect 76% Profit Drop, 52% Revenue Growth

Eternal Ltd. (formerly Zomato) will announce Q4 and FY25 results on May 1, 2025. Analysts predict a 52% QoQ revenue increase to ₹5,824.00 crore, driven by food delivery and Blinkit expansion. However, profits are expected to drop 76% to ₹42.10 crore due to Blinkit scaling costs and discounting pressures. The company, recently added to the Nifty 50 index, has seen a 15% stock increase since inclusion. A trading window closure is in effect from March 15 until 48 hours post-results announcement.

24Apr 25

Eternal Shares Dip 1.7% as CEO Rakesh Ranjan Resigns

Eternal's stock price fell 1.7% to Rs 235.00 on the Bombay Stock Exchange after CEO Rakesh Ranjan's resignation. Founder Deepinder Goyal will temporarily lead the food delivery vertical. The company faces market share challenges and industry slowdown, with Swiggy as a strong competitor. Investors are closely watching Eternal's next moves, including the search for a new CEO and potential strategy shifts.

21Apr 25

Eternal Ltd. Caps Foreign Shareholding at 49.5%, Potential Impact on MSCI Weightage

Eternal Limited (formerly Zomato) has imposed a 49.5% cap on foreign shareholding, which may affect its weightage in the MSCI index. Despite this, 80% of analysts maintain 'buy' ratings, viewing the move as a strategy to strengthen the company's business moat. The decision could lead to short-term capital intensity but may be offset by potential margin expansion in the quick commerce segment. The stock has recently experienced a correction despite positive analyst sentiment.

09Apr 25

Eternal Ltd Shares Dip 1.84% Following Corporate Rebranding

Eternal Ltd, previously known as Zomato Ltd, experienced a 1.84% decline in early trading following its rebranding. The company's shares traded at ₹211.30 on BSE and ₹211.22 on NSE. The name change, effective March 20, 2025, comes with a new ticker symbol ETERNAL. This rebranding reflects a broader strategy to expand into multiple business segments beyond its original focus.

05Apr 25

Zomato's COO Resigns as Company Prepares for Rebranding to 'Eternal'

Zomato Ltd, a leading Indian food delivery platform, announced significant changes. COO Rinshul Chandra will resign on April 7, 2025, after seven years with the company. Zomato plans to rebrand as 'Eternal' on April 9, 2025, encompassing its four core verticals: food delivery, Blinkit, Hyperpure, and dining-out platform District. This rebranding reflects the company's evolution into a diversified technology company.

03Apr 25

Zomato to Rebrand as 'Eternal': Name and Ticker Change Set for April 9

Zomato, the food delivery and restaurant discovery platform, has announced plans to change its company name and stock ticker to 'Eternal'. The rebranding is set to take effect on April 9, as disclosed to the National Stock Exchange of India. This move marks a significant corporate change, though the company's core business remains unchanged. The rebranding suggests a vision of longevity in the market, and investors will be watching for any impact on market perception and stock performance.

03Apr 25

Zomato Wins Legal Battle: NCLT Dismisses ₹1.64 Crore Insolvency Plea

The National Company Law Tribunal (NCLT) has rejected an insolvency petition filed against Zomato by Nona Lifestyle, a B2B apparel manufacturer. The petition, which claimed unpaid dues of ₹1.64 crore for rider uniforms and merchandise, was dismissed. Zomato had denied the allegations, stating all payments were made on time. This legal victory reinforces Zomato's financial stability, protects its reputation, and ensures operational continuity.

03Apr 25

Zomato Shares: Major Block Trade Worth ₹22.19 Crore Executed on NSE

A significant block trade of 1,044,282 Zomato Ltd. shares was executed on the NSE, valued at ₹22.19 crore. The transaction occurred at ₹212.46 per share, potentially indicating strategic moves by large investors in the food delivery sector.

01Apr 25

Zomato Trims Workforce: 600 Customer Support Employees Laid Off

Zomato, a leading Indian food delivery platform, has laid off 600 employees from its customer support team. This significant workforce reduction comes in response to a reported slowdown in food delivery services and likely aims to optimize costs and streamline operations. The move reflects broader challenges in the food delivery sector and Zomato's efforts to adapt to changing market conditions. While this decision may improve operational efficiency, its impact on customer experience and overall company performance remains to be seen.

01Apr 25

Zomato Shares Surge as Goldman Sachs Makes ₹281 Crore Investment

Goldman Sachs acquired Zomato shares worth ₹281 crore through open market transactions, leading to a 1.30% increase in Zomato's share price. This significant investment, equivalent to about $34 million, signals strong institutional interest in India's food delivery market. The move is expected to enhance Zomato's credibility, potentially provide strategic insights, and improve overall investor sentiment towards the company.

28Mar 25

Zomato Shares in Focus: Major Stake Sale and Nifty 50 Inclusion

Kadensa Master Fund sold a 0.06% stake (60.07 lakh shares) in Zomato for Rs 119.80 crore. Goldman Sachs (Singapore) Pte-ODI acquired these shares at Rs 199.50 each. Zomato has been included in the NSE Nifty 50 index, potentially bringing in Rs 3,351.00 crore from passive funds. These developments are expected to increase liquidity, broaden the investor base, and enhance Zomato's visibility in the market.

26Mar 25

Zomato Shares in Focus: Major Block Trade Worth Rs. 39.41 Crores Executed

A significant block trade of 1,946,062 Zomato shares was executed on the National Stock Exchange at ₹202.50 per share, totaling ₹39.41 crores. This large transaction has drawn market attention, potentially indicating shifts in institutional holdings or major investors adjusting positions. The identities of the traders remain undisclosed.

21Mar 25

Zomato Ltd. Block Trade: 2.39 Million Shares Sold for Rs. 53.39 Crores Amid Company Name Change

A block trade of 2.39 million Zomato shares worth Rs. 53.39 crores occurred on NSE at Rs. 223.15 per share. Simultaneously, Zomato Limited officially changed its name to Eternal Limited, effective March 20, 2025, following approval from the Registrar of Companies. The company's trading symbols remain unchanged.

21Mar 25

Zomato Receives Weight Upgrade in FTSE Index Amid Corporate Rebranding and Block Trade

Zomato Ltd. is set to rebrand as Eternal Limited effective March 20, 2025, following approval from the Ministry of Corporate Affairs. Concurrently, the company received a weight upgrade in the FTSE All World Index, potentially attracting $65 million in inflows. A significant block trade of 3,032,793 shares at Rs. 224.08 per share, totaling Rs. 67.96 crores, was also reported on the NSE.

20Mar 25

Zomato Rebrands as Eternal Limited: A New Era for the Food Delivery Giant

Zomato Limited, a leading Indian food delivery platform, has officially changed its name to Eternal Limited, effective March 20, 2025. The rebranding, approved by the Ministry of Corporate Affairs, retains the company's CIN and ISIN. This move suggests a potential shift in strategic direction and possible diversification beyond its current core business. The company's stock symbol remains ZOMATO for now. The name change complies with SEBI regulations and follows a series of intimations made earlier in 2025.

20Mar 25

Zomato Shares: Major Block Trade Worth Rs. 56.50 Crores Executed on NSE

A significant block trade of approximately 2,517,073 Zomato Ltd. shares occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 224.47 per share, totaling Rs. 56.50 crores. While the identities of the buyer and seller remain undisclosed, such large trades often attract market attention and can potentially influence investor sentiment.

20Mar 25

Zomato Shares: Major Block Trade Worth Rs. 60.22 Crores Executed on NSE

A substantial block trade of 2,681,480 Zomato Ltd. shares was executed on the National Stock Exchange. The transaction, valued at ₹60.22 crores, saw shares changing hands at an average price of ₹224.59 per share. This large-scale trade, typically associated with institutional investors or high net-worth individuals, has drawn market attention due to its potential impact on stock prices and indication of significant ownership changes.

20Mar 25

Zomato Shares See Significant Block Trade: 4.6 Million Shares Change Hands

A significant block trade of approximately 4.6 million Zomato shares occurred on the National Stock Exchange. The transaction, valued at Rs. 103.45 crore, was executed at Rs. 224.62 per share. While the identities of the buyer and seller remain undisclosed, such large trades often draw market attention and can potentially influence short-term trading patterns.

18Mar 25

Zomato Faces Potential Insolvency Plea Restoration by Operational Creditor

Nona Lifestyle Pvt Ltd has approached the NCLT to restore an insolvency plea against Zomato Ltd, claiming unpaid dues of Rs 1.64 crore for supplying uniforms and merchandise. Zomato's legal team opposes the restoration, citing a pre-existing dispute over the claimed dues. The NCLT has adjourned the matter until April for further hearing. This legal challenge could have significant implications for Zomato's finances and reputation in the market.

13Mar 25

Zomato Shares in Focus: Major Block Trade Worth Rs. 80.86 Crores Executed

A notable block trade of approximately 3.94 million Zomato Ltd shares occurred on the National Stock Exchange (NSE). The transaction, valued at Rs. 80.86 crores, was executed at Rs. 205.00 per share. This substantial trade highlights continued institutional investor interest in the food delivery giant, potentially influencing market sentiment and indicating shifts in ownership or investment strategies.

12Mar 25

Zomato Shares: Major Block Trade of 2.57 Million Shares Worth Rs. 52.72 Crores

A significant block trade of 2,572,713 Zomato Ltd. shares was executed on the National Stock Exchange, valued at Rs. 52.72 crores. The shares were priced at Rs. 204.91 each. This substantial transaction could indicate shifts in institutional holdings or large shareholder positions, drawing attention to potential market sentiment changes towards the stock.

11Mar 25

Zomato Shares in Focus: Major Block Trade Worth Rs. 15.80 Crores Executed

A significant block trade of 775,371 Zomato shares was executed on the National Stock Exchange at Rs. 203.74 per share, totaling Rs. 15.80 Crores. The transaction has drawn market attention, potentially indicating investor interest or strategic moves in the food delivery company's stock. While the identities of the buyer and seller remain undisclosed, the trade could spark speculation about motivations behind the deal and prompt closer scrutiny of Zomato's recent performance and future prospects.

10Mar 25

Zomato Shares See Major Block Trade Amidst Corporate Name Change Approval

Zomato Ltd. received shareholder approval for a company name change via postal ballot, with 99.7525% votes in favor. Concurrently, a block trade of 4,010,340 shares at Rs. 213.21 per share, totaling Rs. 85.50 crores, occurred on the NSE.

10Mar 25

Zomato Shareholders Approve Corporate Name Change to Eternal Ltd

Shareholders of Zomato Ltd have approved changing the company's name to Eternal Ltd. This change applies only to the corporate entity, with the Zomato brand and app remaining unchanged. The company will transition its corporate website to eternal.com and update its stock ticker to ETERNAL. Shareholders also approved alterations to the company's Memorandum and Articles of Association. The special resolution passed with 99.7525% votes in favor.

07Mar 25

Zomato Shares in Focus: Block Trade Worth Rs. 16.11 Crores Executed

A significant block trade of 720,013 Zomato shares occurred on the National Stock Exchange (NSE), valued at Rs. 16.11 Crores. The shares were priced at Rs. 223.73 each. While such large trades can influence short-term market dynamics, they don't necessarily reflect changes in the company's fundamentals.

06Mar 25

Zomato Faces Antitrust Challenge in India's Quick Delivery Market

An Indian retail group has filed an antitrust case against Zomato, Swiggy, and Zepto, targeting their quick delivery operations in the food and grocery market. This legal action could significantly impact Zomato's business model, market share, and growth strategies. The case highlights intensifying competition and regulatory scrutiny in India's delivery sector, potentially reshaping the industry's landscape and setting precedents for e-commerce regulation.

28Feb 25

Zomato Set for $107 Million Inflow as MSCI India Index Weightage Increases

Zomato's weightage in the MSCI India Standard Index is scheduled to increase at 3 PM today, potentially triggering an inflow of approximately $107 million (₹935 crore) into the company's shares. This adjustment is expected to boost liquidity, increase investor interest, and potentially impact the stock price positively. Index funds and ETFs tracking the MSCI India Standard Index will need to adjust their holdings, potentially increasing demand for Zomato's shares and enhancing its visibility among international investors. The development reflects the evolving landscape of India's food delivery sector and may draw attention to the broader technology and consumer services segments in the Indian market.