By Sheetal Kumari | March 3, 2025
MC Desk | July 22, 2025
Eternal shares surged nearly 15% to a record Rs 311.25 on NSE on July 22, following strong Q1 earnings.
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The stock rally added around Rs 40,000 crore to Eternal’s market capitalisation over two trading sessions.
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With 36.94 crore shares in Eternal, Goyal’s net worth jumped by over Rs 1,667 crore as the stock rose.
(Image: Reuters)
At closing price of Rs 299.75 on July 22, the value of Goyal’s shareholding stood at Rs 11,071.86 crore.
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Eternal’s market cap crossed Rs 3 lakh crore, overtaking 20+ Nifty firms like Wipro, Tata Motors, Nestle.
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For the first time, Blinkit’s net order value topped that of food delivery in a full quarter.
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Jefferies said it overestimated competition, as Blinkit posted strong growth, margins and outlook.
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Eternal’s Q1 revenue rose to Rs 7,167 crore, but net profit dropped to Rs 25 crore due to investments.
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Moneycontrol advises users to check with certified experts before taking any investment decisions.
(Image: Reuters)