A six-month slump for a former multibagger: What is going on with Eternal?
- Posted on February 25, 2026
- By Business News Today
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A six-month slump for a former multibagger: What is going on with Eternal?
Eternal, once a star stock, faces a slump. Competition in food delivery and quick commerce intensifies. Valuations were high, and a leadership change added uncertainty. While core businesses improve, investors seek predictable earnings. The company's strong cash position offers long-term support. Analysts suggest cautious accumulation.