Top 25 Nifty50 stocks: Eternal overtakes Tata Motors and Titan in market cap; nears HAL and NTPC
Top 25 Nifty50 stocks: Eternal overtakes Tata Motors and Titan in market cap; nears HAL and NTPC
Eternal, formerly Zomato, has surpassed Tata Motors and Titan in market capitalization, reaching Rs 3.13 lakh crore and entering the top 25 Nifty50 firms. Driven by Blinkit's strong revenue momentum, Eternal's stock has gained 72% from its 52-week low. While Q1 saw a profit decline, investor confidence remains high, propelling the stock's rise by 1.19% to close at Rs 327.
Eternal, formerly Zomato, has surpassed Tata Motors and Titan in market capitalization, reaching Rs 3.13 lakh crore and entering the top 25 Nifty50 firms. Driven by Blinkit's strong revenue momentum, Eternal's stock has gained 72% from its 52-week low. While Q1 saw a profit decline, investor confidence remains high, propelling the stock's rise by 1.19% to close at Rs 327.