Following a disappointing profit report, shares of the food delivery company Eternal fell sharply. In a surprising twist, however, their revenue soared significantly. Brokerage analysts are issuing mixed reactions with varying target price adjustments. On a promising note, Blinkit, their fast-commerce segment, is scaling up swiftly and is expected to hit breakeven shortly.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid