17 Oct 2025 | 3 Mins Read

Eternal shares gain traction with brokerages

Flipitmoney

Eternal's consolidated net profit for Q2 FY26 declined 63% YoY to Rs 65 crore. Revenue increased 183% to Rs 13,590 crore. Brokerage firms raised the stock's target price: Elara to Rs 415, Morgan Stanley to Rs 330, and Goldman Sachs to Rs 390, citing strong growth and improving margins despite increased store additions and user acquisition spending.