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Blinkit leads India’s quick commerce race in product availability, beats Flipkart minutes: Bernstein
Eternal is in focus.
· Business Today Mkts
In quick commerce, a fast delivery promise matters little if the item a customer wants is out of stock. Product availability has therefore become a key competitive measure as platforms expand their catalogues beyond groceries into electronics, beauty, personal care and festive gifting.
The analysis
Against that, the stock is +1.4% on the day at ₹323.45, and has returned +10.6% over three months. It sits 9% below its 52-week high. The hotels & restaurants sector has moved -0.1% over the same period, so Eternal is running 10.7 points ahead of its peers.
For Eternal, the question is how much of this is already reflected in the price and how much re-rates the hotels & restaurants peer set alongside it.
Market context
- The company directly in focus is ETERNAL.
- Sector exposure: Hotels & Restaurants.
In this story
ETERNALHotels & Restaurants