Eternal’s Winning Formula: Turning ₹50 into ₹300 and Securing Nifty 50
Zomato (!
ETERNAL
) NSE stock price surged from around ₹50 to over ₹300 in just three years, becoming a 6-bagger and a part of the Nifty 50 index. This remarkable turnaround was driven by aggressive expansion into cloud kitchens, subscription services, and quick commerce, diversifying revenue streams. Their technology-driven platform enhanced customer experience and operational efficiency, leading to strong order growth and market leadership in India’s food delivery sector. Strategic acquisitions and a focus on profitability earned investor confidence, fueling the multiyear rally. Zomato’s success story highlights its shift from losses to profitability alongside robust financial metrics, making it a key stock in India’s benchmark index.