Eternal (Zomato) shares continued on their upward trajectory today too

Eternal (Zomato) shares continued on their steady rising trend today too. The stock closed the day today, 8^th October, up by 0.98% at Rs 341.15. Nifty 50 closed the day today, down by 0.34%. In the past 5 days, the company’s stock has gained 6.18%. In the past one month, its shares have gained 3.70%. Year-to-date in 2025, the company’s stock has gained 23.63%. In the same period, Nifty 50 index has gained has gained 5.47%. The stock has outperformed the Nifty 50 index by more than 18% in 2025.

Eternal shares trading at a P/E ratio of more than 1000

Eternal shares are currently trading at a whopping Price – to – Earnings (P/E) ratio of more than 1000. Eternal is currently a high growth stock. Investors are expecting that the company will continue on its high growth trajectory in the foreseeable future while also being able to maintain profitability.

Zomato is among the first food delivery companies to turn fully profitable. Consolidated adjusted revenue of the company increased y-o-y by 67% to Rs 7,563 crore in the June quarter. The company has posted 50% + year-on-year growth in its revenues in the past 11 quarters.

The company posted a profit of Rs 25 crore in the June 2025 quarter. This was a year-on-year decline of 90% in its profit. It had posted a profit of Rs 253 crore in the June quarter of the previous year.

Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE