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Sparsh Jindal

29th Apr · SEBI-Registered Analyst

Eternal (Zomato) Gains Fade Despite Strong Q4 Boost

Eternal Ltd shares rose up to 4% after a strong Q4, driven by a sharp 71% QoQ jump in net profit to Rs 174 crore and optimism around its quick commerce arm. However, gains trimmed to ~1.5% in early trade, as the stock hovered near previous closing levels despite positive brokerage sentiment.

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