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The Economic Times

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Eternal shares jump 3% after Goldman dismisses bear theories

After a 17% correction in Eternal shares, Goldman Sachs said it disagrees with the level of bearishness priced into the stock and sees potential upside of 33% to Rs 390. The recent decline has been driven by concerns over a near-term slowdown in quick-commerce growth, rising competition, and the possible impact on Blinkits margins.

9 Jan 2026 9:57 am