Eternal Limited traded at 294.75 this Wednesday July 15th, increasing 8.80 or 3.08 percent since the previous trading session. Looking back, over the last four weeks, Eternal Limited gained 16.25 percent. Over the last 12 months, its price rose by 12.37 percent. Looking ahead, we forecast Eternal Limited to be priced at 283.25 by the end of this quarter and at 264.88 in one year, according to Trading Economics global macro models projections and analysts expectations.
Eternal Limited, formerly Zomato Limited, operates as an Internet portal that helps in connecting the users, restaurant partners/third-party merchants and the delivery partners. It consists of four major businesses: Zomato, Blinkit, District, and Hyperpure. It also provides a platform for restaurant partners/brands to advertise themselves and supply ingredients to restaurant partners. Its India food ordering and delivery segment consists of an online marketplace platform through which it facilitates the listing and online ordering of food items and the delivery of these food items by connecting end users, restaurant partners and delivery partners. Its Hyperpure supplies (B2B business) segment offers farm-to-fork supplies for restaurants. Its quick commerce segment consists of an online marketplace platform (Marketplace), which enables listing of items sold on the Marketplace by the sellers. Its going-out segment is a combination of its dining-out and entertainment ticketing business.