Eternal Ltd

The Nifty June 2025 futures closed at 24,874, a premium of 123.1 points compared with the Nifty's closing at 24,750.90 in the cash market. In the cash market, the Nifty 50 index jumped 130.70 points or 0.53% to 24,750.90. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4.20% to 15.08. Eternal, Reliance Industries and Hindustan Aeronautics (HAL) were the top-traded individual stock futures contracts in the F&O segment of the NSE. The June 2025 F&O contracts will expire on 26 June 2025.Powered by Capital Market - Live

Over the past year, it has risen 40.81%. Fueling the momentum was a foreign brokerage firm reaffirming its Overweight rating on the stock, while maintaining a target price of Rs 320. The brokerage called Eternal a top pick, citing its dominance in food delivery and quick commerce, a lean cost structure that supports better unit economics than peers, and a solid balance sheet that minimizes the risk of future equity dilution. It also believes the risk-reward remains attractive, with downside support likely around Rs 200-Rs 220. Eternal, an Indian multinational technology company, is the parent company of Zomato, Blinkit, District and Hyperpure. It reported 78% fall in consolidated net profit to Rs 39 crore on a 64% increase in revenue from operations to Rs 5,833 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

The Nifty June 2025 futures closed at 24,654, a premium of 111.5 points compared with the Nifty's closing at 24,542.50 in the cash market. In the cash market, the Nifty 50 index tumbled 174.10 points or 0.70% to 24,542.50. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 3.51% to 16.56. Eternal, HDFC Bank and State Bank of India (SBI) were the top-traded individual stock futures contracts in the F&O segment of the NSE. The June 2025 F&O contracts will expire on 26 June 2025.Powered by Capital Market - Live

The Nifty May 2025 futures closed at 25,035.00, a premium of 33.85 points compared with the Nifty's closing 25,001.15 in the cash market. In the cash market, the Nifty50 jumped 148 points or 0.60% to 25,001.15. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, up 4.29% to 18.02. Eternal, HDFC Bank and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE. The May 2025 F&O contracts will expire on 29 May 2025.Powered by Capital Market - Live

The Nifty May 2025 futures closed at 24,395.10, a premium of 48.4 points compared with the Nifty's closing at 24,346.70 in the cash market. In the cash market, the Nifty 50 index rose 12.50 points or 0.05% to 24,346.70. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.19% to 18.26. Eternal, State Bank of India and Reliance Industries were the top-trading individual stock futures contracts in the F&O segment of the NSE. The April 2025 F&O contracts will expire on 29 May 2025. Powered by Capital Market - Live

Total operating expenditure rose by 65.7% year-over-year (YoY) to Rs 5761 crore during the period under review. Consolidated adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) declined 15 per cent YoY to Rs 165 crore in Q4 FY25. Interest expense and depreciation charge for the fourth quarter were Rs 56 crore (up 180% YoY) and Rs 287 crore (up 105% YoY), respectively. Profit before tax in Q4 FY25 stood at Rs 97 crore, down by 39.8% from Rs 161 crore recorded in Q4 FY24. Tax outgo for the March 2025 quarter was Rs 74 crore. The food and grocery delivery company's profitability was significantly impacted due to mounting losses from the company's quick commerce business. The company stated that it would continue to aggressively chase market share in quick commerce, ensuring that near-term profit goals don't come in the way of long-term growth. For FY25, Eternal has reported net profit of Rs 527 crore (up 50.1% YoY) and revenue from operations of Rs 20,243 crore (up 67.1% YoY). Eternal is an Indian multinational technology company. It is the parent company of Zomato, Blinkit, District and Hyperpure. The scrip rose 0.67% to currently trade at Rs 234.05 on the BSE. Powered by Capital Market - Live

Net profit of Eternal declined 77.71% to Rs 39.00 crore in the quarter ended March 2025 as against Rs 175.00 crore during the previous quarter ended March 2024. Sales rose 63.76% to Rs 5833.00 crore in the quarter ended March 2025 as against Rs 3562.00 crore during the previous quarter ended March 2024. For the full year,net profit rose 50.14% to Rs 527.00 crore in the year ended March 2025 as against Rs 351.00 crore during the previous year ended March 2024. Sales rose 67.10% to Rs 20243.00 crore in the year ended March 2025 as against Rs 12114.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales5833.003562.00 64 20243.0012114.00 67 OPM %1.232.41 -3.150.35 - PBDT384.00301.00 28 1560.00817.00 91 PBT97.00161.00 -40 697.00291.00 140 NP39.00175.00 -78 527.00351.00 50 Powered by Capital Market - Live

Securities in F&O Ban: RBL Bank shares are banned from F&O trading on 2 May 2025. Upcoming Results: V-Mart Retail, Godrej Properties, Archean Chemical Industries, Aether Industries, Ami Organics, City Union Bank, Gravita India, Indian Overseas BanK, Jindal Saw, Latent View Analytics, Marico, Newgen Software Technologies, Parag Milk Foods, R R Kabel, Sunteck Realty and Tatva Chintan Pharma Chem will declare their result later today. Stocks to Watch: Auto stocks will be watched closely as they report monthly sales figures. Eternal (Zomato)'s consolidated net profit declined 77.84% to Rs 39 crore in Q4 FY25 as compared with Rs 176 crore in Q4 FY24. Revenue from operations jumped 63.76% YoY to Rs 5,833 crore in Q4 FY25. Adani Enterprises' consolidated net profit from continuing operations surged to Rs 4014.90 crore in Q4 FY25 as compared with Rs 350.80 crore in Q4 FY24. Revenue from operations fell 7.59% YoY to Rs 29,180.02 crore in Q4 FY25. Adani Ports & Special Economic Zone (APSEZ) reported a 47.78% jump in consolidated net profit to Rs 3,014.22 crore in Q4 FY25 as compared with Rs 2,039.66 crore in Q4 FY24. Revenue from operations jumped 23.08% YoY to Rs 8488.44 crore during the quarter ended 31st March 2025. Home First Finance Company India's standalone net profit jumped 25.44% to Rs 104.69 crore on 32.58% increase in revenue from operations to Rs 414.66 crore in Q4 FY25 over Q4 FY24. Tata Motors's total sales fell 6.15% to 75,753 units in April 2025 as compared with 77,521 units in April 2024. Domestic sales declined 4% to 70,963 units in April 2025 as against 76,399 units in April 2024. JSW Infrastructure's consolidated net profit increased 54.3% YoY to Rs 509.37 crore during the quarter 31s March 2025 as compared with Rs 330.01 crore in Q4 FY24. Net sales stood at Rs 1,283.18 crore in Q4 FY25, up 17% as compared with Rs 1,096.38 crore in Q4 FY24.Powered by Capital Market - Live

Eternal will hold a meeting of the Board of Directors of the Company on 1 May 2025.Powered by Capital Market - Live

The frontline indices traded with substantial losses in the mid-morning trade, mirroring a global market rout driven by escalating trade tensions and mounting recession fears in the United States. The Nifty dropped below the 22,000 level. Media shares extended losses for the second consecutive trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, slumped 2,838.59 points or 3.77% to 72,526.10. The Nifty 50 index tanked 908.40 points or 3.97% to 21,996.05 In the broader market, the S&P BSE Mid-Cap index dropped 3.94% and the S&P BSE Small-Cap index tumbled 5.38%. The market breadth was weak. On the BSE, 334 shares rose and 3,515 shares fell. A total of 152 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, climbed 58.96% to 21.87. Economy: India's foreign exchange (forex) reserves jumped $6.596 billion to $665.396 billion during the week ended March 28, according to the latest data from the RBI. For the week ended March 28, foreign currency assets, a major component of the reserves, increased by $6.158 billion to $565.014 billion, the RBI data released on Friday showed. Gold reserves increased by $519 million to $77.793 billion during the week ended March 28. The special drawing rights (SDRs) were down by $65 million to $18.176 billion, the RBI said. India's reserve position with the IMF was also down by $16 million at $4.413 billion in the reporting week, the apex bank data showed. Buzzing Index: The Nifty Media index slumped 5.69% to 1,403.80. The index tanked 8.34% in the two consecutive trading sessions. Zee Entertainment Enterprises (down 8.35%), Dish TV India (down 7.30%), Hathway Cable & Datacom (down 5.93%), PVR Inox (down 5.63%), Sun TV Network (down 5.61%), Network 18 Media & Investments (down 5.43%), Saregama India (down 5.35%), Tips Music (down 4.6%), D B Corp (down 3.59%) and Nazara Technologies (down 2.53%) declined. Stocks in Spotlight: Zomato declined 1.73% after Rinshul Chandra, chief operating officer (COO) of food delivery at Zomato-parent Eternal, resigned from his position. Tata Motors plunges 8.01% after the media reported that Jaguar Land Rover (JLR), its UK-based subsidiary, will temporarily suspend vehicle exports to the U.S. starting April 7. Federal Bank slipped 2.23% after the bank's executive director (ED) Shalini Warrier, submitted her resignation on Friday to pursue an entrepreneurial opportunity. Global Markets: Dow Jones futures cratered by a jaw-dropping 1,070 points, setting the tone for what could be a turbulent day on the trading floor. Asian market also registered significant losses following China's retaliatory tariffs in response to recent U.S. trade measures, deepening concerns about a prolonged trade conflict between the world's two largest economies. Last week, President Donald Trump announced a 10% universal import tariff effective April 5. Additional tariffs targeting key trade partners, including China, Vietnam, Japan, and the European Union, are scheduled to take effect on April 9. In retaliation, China imposed a 34% tariff on a range of American goods, marking a sharp escalation in trade tensions. The European Union, meanwhile, is seeking alignment among its member states to craft a coordinated response, potentially involving further countermeasures. The escalating trade conflict has raised fears of a global trade war, with potential ramifications for international supply chains, inflation, and economic growth. In Japan, the Nikkei 225 index fell as much as 9% on Monday, reaching its lowest level since early November 2023. Japan's export-driven economy, particularly in sectors such as automotive, technology, and manufacturing, is considered especially vulnerable to rising U.S. tariffs. On Friday, U.S. markets had already reacted negatively to the trade developments. The Dow Jones Industrial Average declined 5.50%, marking its steepest drop in over three years. The S&P 500 fell 5.97%, and the Nasdaq Composite dropped 5.82%, with all three indices closing at six-month lows. Despite mounting concerns, Treasury Secretary Scott Bessent downplayed fears of an imminent recession in a media interview. Federal Reserve Chairman Jerome Powell also emphasized that there is no immediate need for a change in interest rates. He noted that the administration's trade policies could simultaneously push inflation higher while slowing economic growth. Meanwhile, March's nonfarm payrolls data provided a positive signal, coming in at 228,000 jobs added ' a notable increase from February's revised figure of 117,000. Powered by Capital Market - Live