Eternal shares jump 4% after Goldman Sachs flags margin boost from foreign ownership cap
- Posted on April 22, 2025
- By Business News Today
- 3 Views
Eternal shares jump 4% after Goldman Sachs flags margin boost from foreign ownership cap
Eternal shares:Goldman Sachs stated that the move, announced on April 18, could boost Blinkit's EBITDA by 15–20% by FY30, potentially adding ₹35 per share to Zomato's valuation. Although the foreign ownership cap might lead to some passive outflows from indices such as MSCI.
