ETERNAL

Shares of food delivery and quick commerce major Eternal Ltd, formerly known as Zomato, hit a fresh record high on Tuesday, July 22, after its seven percent jump in the previous session following its earnings report for the April-June period. Eternal posted a steep 90 percent year-on-year decline in net profit for the first quarter of FY26, with earnings falling to Rs 25 crore from Rs 253 crore a year earlier. Despite the profit slump, revenue rose 70 percent year-on-year to Rs 7,167 crore during the same period. At close, shares of the firm were quoting Rs 299.75, higher by 10.3 percent on the NSE, slightly off its record high of Rs 311.25 per share.