The Economic Times

Eternal shares get $2 billion shock after Q3 results, but target price goes up to Rs 480. Buy or sell?

Eternal shares have fallen, erasing nearly $2 billion in market value, despite brokerages raising target prices, creating uncertainty for investors. The decline comes even as Blinkit turned EBITDA-positive amid intense competition, and a leadership change with CEO Deepinder Goyal stepping down may have added to market jitters.