Eternal stock: ICICI Securities raises target for Eternal stock from INR 360 to INR 425
Published on 10/16/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results date
- ICICI Securities raised its Eternal target from INR 360 to INR 425 on October 7, 2026.
- Eternal's board is scheduled to review quarterly and half-year results on October 21, 2026.
- Eternal stock stood at INR 325.30 at 3:29 p.m. IST on October 16, 2026, up 0.71 percent versus the NSE close of October 15, 2026.
- Eternal traded at a P/E of 690.07 with market capitalization of INR 3.0 trillion on October 16, 2026.
ICICI Securities raised its target for Eternal from INR 360 to INR 425 in a note dated October 7, 2026, according to DSIJ. The new target sits 30.66 percent above the NSE price of INR 325.30. At 3:29 p.m. IST on October 16, 2026, Eternal stock stood at INR 325.30 on the NSE, up 0.71 percent versus the NSE close of October 15, 2026 at INR 323.00.
Results arrive October 21
Eternal's board is scheduled to consider quarterly and half-year results for the period ended September 30, 2026, on October 21, 2026. The company also plans an earnings conference call at 5:00 p.m. IST that day, according to The Economic Times.
Price sits below annual high
The NSE price was 6.46 percent below Eternal's 52-week high of INR 347.75 and 52.96 percent above its 52-week low of INR 212.60 on October 16, 2026. Trading volume reached 16,824,565 shares, against an average of 29,467,747 shares. The stock's year-to-date return was 14.62 percent, while the NIFTY 50 gained 11.48 percent over the same period.
Valuation and business mix
Eternal's market capitalization stood at INR 3.0 trillion on October 16, 2026, while its trailing P/E was 690.07. The company operates food delivery, quick commerce, going-out and B2B supplies businesses, according to its investor-relations page. The October 21 results will give investors a fresh period for judging revenue growth and profitability across those activities.
Comparison with peers
Eternal (NSE, INR): plus 0.71 percent, P/E 690.07, market capitalization INR 3.0 trillion.
Swiggy (NSE, INR): plus 2.31 percent, P/E minus 15.18, market capitalization INR 613.9 billion.
Delhivery (NSE, INR): minus 0.71 percent, P/E 334.02, market capitalization INR 305.3 billion.
Closing market position
The valuation gap within this group is pronounced, with Eternal's P/E above the reported multiples of Swiggy and Delhivery. At 3:29 p.m. IST on October 16, 2026, Eternal stock stood at INR 325.30 on the NSE, up 0.71 percent versus the NSE close of October 15, 2026 at INR 323.00.
Eternal stock facts
- Company: Eternal Limited
- ISIN: INE758T01015
- Ticker: ETERNAL
- Primary exchange: NSE
- Price on NSE (as of October 16, 2026, 3:29 p.m. IST): INR 325.30
- Change versus NSE close: plus 0.71 percent
- NSE close (October 15, 2026): INR 323.00
- Market capitalization: INR 3.0 trillion (as of October 16, 2026)
- 52-week range: INR 212.60-INR 347.75 (as of October 16, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: NIFTY 50
- Next earnings date: October 21, 2026
Market context: Market report BSE Sensex.
