Eternal’s Q1 shareholder letter highlights Blinkit’s rapid expansion, improving profitability and rising capital investments, while food delivery remains the group’s profit engine. Management also addressed mounting quick commerce competition, outlined Blinkit’s return framework and detailed continued investments in AI, Bistro and other emerging businesses despite widening losses in newer ventures.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above