IndiGo's shares experience a drop at the market opening.
ETERNAL LIMITED
ETERNALRecent Discussions
Despite hitting an intraday low, Eternal managed to recover by more than 3%. This suggests some resilience in the stock's performance amidst market fluctuations.
Swiggy, Nykaa, and Eternal report impressive revenue growth in Q4 FY26, with Swiggy's sales up by 21.6% and Nykaa's by 26%. On the other hand, Bharti Airtel and Jio anticipate steady growth, but Vodafone Idea could face subscriber losses due to challenges ahead. The 5G rollout and debt updates are crucial factors to watch out for.
Bernstein anticipates Zomato and Swiggy to enhance profitability by raising fees, potentially increasing EBITDA per order by 4-9%. The valuation discrepancy between Zomato ($12-14B) and Swiggy ($4-5B) in quick commerce suggests potential consolidation could narrow the gap.