Eternal shares soar 15% to hit record high after Blinkit’s stellar Q1 show. How should you trade now?

Eternal, parent of Zomato and Blinkit, saw shares jump despite a profit dip. Revenue grew strongly, fueled by quick commerce. Blinkit’s performance is notable. Brokerages maintain ‘Buy’ ratings. Motilal Oswal raised the target price to Rs 330. Elara increased its target to Rs 340. Nuvama set its target at Rs 320.

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