After Temple, Deepinder Goyal teases Dark.ai: A bet beyond food delivery services
Eternal is in focus.
· Business Today Mkts
Deepinder Goyal, founder of Zomato, is set to launch a new artificial intelligence venture named Dark.ai under Eternal.
The analysis
Against that, the stock is -2.5% on the day at ₹312.35, and has returned +8.4% over three months. It sits 9% below its 52-week high. The hotels & restaurants sector has moved -1.6% over the same period, so Eternal is running 10.0 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
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