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Eternal Q2 Review: Brokerages Bet On Blinkit Growth Despite Margin Risks; Check Target Price, Potential Upside
Eternal's Q2 revenue rose 77.6% year on year, while net profit increased 92.3%, although both profit and EBITDA missed estimates. Brokerages highlighted faster Blinkit expansion and improving mature-market economics, while flagging food delivery margin pressures and valuation concerns.
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