Eternal shares rally over 4% after strong Q4 results. What Jefferies, Goldman Sachs, 5 others are saying

Eternal’s shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit’s quick commerce business led growth, with ambitious expansion plans. Analysts maintain positive ratings, citing improving profitability and strong future outlook despite competition.