Eternal stock: Jefferies raises target to INR 430 from INR 415
Published on 10/22/2026 at 15:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and price
- Jefferies raised its Eternal target to INR 430 from INR 415 on October 22, 2026.
- BusinessToday cited an INR 381 consensus target from 17 brokerages on October 22, 2026.
- Eternal stock stood at INR 304.45 on NSE on October 22, 2026, down 2.53 percent from INR 312.35.
Eternal (ISIN INE758T01015) received a higher INR 430 price target from Jefferies, up from INR 415 in a note dated October 22, 2026. According to The Economic Times, the new target is 41.24 percent above the NSE price of INR 304.45 at 3:28 p.m. IST on October 22, 2026. Eternal stood at INR 304.45 on the NSE at that time, down 2.53 percent from the prior NSE close of INR 312.35.
Consensus target reaches INR 381
The broader analyst picture remains positive but dispersed. BusinessToday reported on October 22, 2026 that 17 brokerages covered Eternal after the September quarter, with a 12-month consensus target of INR 381. The highest cited target was INR 513, while the lowest was INR 225.
Price remains below the yearly high
Eternal's price range was INR 212.60 to INR 344.40 over the 52 weeks ending October 22, 2026. The latest price stood 11.60 percent below the high and 43.20 percent above the low. Market capitalization was INR 2.8 trillion, while the price-to-earnings ratio was 574.43 on the same date.
What does the target imply?
Jefferies linked its higher target to Blinkit's expansion and improving unit economics, food delivery growth above 20 percent, and stronger confidence in District, according to The Economic Times. The same report cited management targets for more than 3,500 Blinkit stores by March 2027 and 5,000 by March 2028.
Eternal's investor-relations page describes four operating areas: food delivery, quick commerce, going-out services and B2B food supplies. The model therefore combines transaction growth with investments in delivery infrastructure and store expansion.
Analyst view meets a weaker session
The higher Jefferies target contrasts with the October 22 price of INR 304.45 on the NSE. For investors, the key tension is the distance between the INR 225 low target cited by BusinessToday and the INR 513 high target, a spread of INR 288.
The latest NSE price stood at INR 304.45 on October 22, 2026 at 3:28 p.m. IST, down 2.53 percent from the prior NSE close of INR 312.35.
Eternal stock at a glance
- Company: Eternal Limited
- ISIN: INE758T01015
- Ticker: ETERNAL
- Primary exchange: NSE
- Price on NSE: INR 304.45 as of October 22, 2026, 3:28 p.m. IST
- Daily change: minus 2.53 percent versus INR 312.35
- Market capitalization: INR 2.8 trillion as of October 22, 2026
- 52-week range: INR 212.60 to INR 344.40 as of October 22, 2026
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report BSE Sensex.
