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Never a dull moment! Why Jefferies raised Eternal’s target price after Q2 earnings

Economic Times ·First reported
Economic TimesNever a dull moment! Why Jefferies raised Eternal’s target price after Q2 earnings
Image: Economic Times

Jefferies raised its target price on Eternal to Rs 430 from Rs 415, implying around 38% upside from its previous close of Rs 312.35. The brokerage cited Blinkit’s faster store expansion and improving unit economics, food delivery growth of over 20%, and…

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