Eternal Shares Jump 6% Ahead of Q3 Results, Quick Commerce and Food Delivery Drive Optimism

• Eternal Ltd. shares surged nearly 6% before its December quarter results, driven by investor focus on quick commerce and food delivery growth.
• CNBC-TV18 poll predicts Eternal's Q3 revenue to hit ₹15,500 crore (14% QoQ increase) and EBITDA to reach ₹300 crore (26% QoQ increase).
• Net profit is estimated to rise to ₹102 crore from ₹65 crore in the previous quarter, though year-on-year comparison is difficult due to Blinkit's inventory model change.
• Food delivery's Net Order Value is expected to grow 12-15% year-on-year, while Blinkit's Gross Order Value could see a 120-130% year-on-year increase.
• Eternal's shares have risen 33% in the last 12 months but remain below their 52-week high of ₹368.45.

Why It Matters: Eternal's strong Q3 projections, especially in quick commerce and food delivery, are boosting investor confidence.