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Umang Bhutada

26th Dec · SEBI-Registered Analyst

ETERNAL (Zomato) (1W) — Techno-Funda Summary

ETERNAL
Technical View Strong rally earlier, followed by a healthy correction. Currently resting near the ₹275–285 support band. Structure remains higher-high higher-low on the long-term chart, despite short-term cooling. Fundamental View Improving profitability trajectory, strong revenue growth from food delivery + quick commerce. Market rewards execution and margin expansion, making this a high-growth but higher-risk stock. Summary Long-term growth story intact. Short-term consolidation after a sharp move — constructive if support holds.

#FundamentalViews#TechnicalViews
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