FinanceNDTV
Eternal Q1 Review: Brokerages Believe Blinkit Doesn't Need Discounting To Win

in5points
Eternal reported Q1 earnings with a profit miss.
Jefferies, Citi, and Morgan Stanley raised target prices on Eternal.
Analysts cite Blinkit's execution and food delivery strength as reasons for optimism.
Brokerages believe Blinkit does not need discounting to win market share.
Story angle
Center
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CL
C
CR
R
Near the middle: closer to straight reporting, less party-line spin.
About how the story is framed, not whether the facts are true.
NDTV
Center-right
Mixed factuality
Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani