CLSA sets an INR 513 target for Eternal stock

Published on 10/26/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September revenue rose 75.65 percent to INR 244.89 billion. Eternal stock was INR 325.55 on October 26, 2026, up 2.57 percent from INR 317.40.

CLSA target leads the picture

Business Today reported on October 22, 2026 that CLSA had the highest target at INR 513.
September-quarter revenue reached INR 244.89 billion, up 75.65 percent year over year.
Eternal stock stood at INR 325.55 on October 26, 2026, up 2.57 percent from INR 317.40.
The stock was 5.47 percent below its 52-week high of INR 344.40.

Eternal, INE758T01015, Illustration mit AI erstellt.

Eternal (ISIN INE758T01015) is drawing attention to a wide analyst valuation spread after strong September-quarter growth. Business Today reported on October 22, 2026 that CLSA had the highest 12-month target at INR 513, while Macquarie had the lowest at INR 225. Relative to INR 325.55, the CLSA target is 57.58 percent above the stock price. Eternal stock stood at INR 325.55 on NSE on October 26, 2026 at 3:28 p.m. IST, up 2.57 percent from the prior close of INR 317.40.

Revenue growth sets the tone

MarketScreener reported that revenue in the second quarter ended September 30, 2026 reached INR 244.89 billion, compared with INR 139.42 billion a year earlier. That was a 75.65 percent increase. Net income rose to INR 1.25 billion from INR 650.00 million in the same quarter.

Stock stays below its yearly high

The NSE price was INR 18.85 below the 52-week high of INR 344.40 and 53.00 percent above the 52-week low of INR 212.60 on October 26, 2026. The reported volume was 32,167,376 shares, while market capitalization stood at INR 3.0 trillion. The price-to-earnings ratio was 614.25.

What does the target spread mean?

The analyst range is unusually wide in absolute terms, from INR 225 to INR 513. Moneycontrol reported on October 22, 2026 that ICICI Securities maintained a Buy rating and an INR 425 target. That target is 30.54 percent above the October 26 price. The figures show how differently analysts value the expansion outlook after the September quarter.

Eternal describes four operating areas on its investor-relations page: food delivery, quick commerce, going-out and B2B supplies. Outlook Business reported that adjusted earnings before interest, taxes, depreciation and amortization increased 197.00 percent year over year to INR 6.66 billion in the September quarter.

Price and valuation remain central

The stock's 2.57 percent advance on October 26, 2026 placed it below the year's high while keeping the analyst targets above the market level. The next debate is whether quick-commerce expansion can support the valuation implied by the higher targets.