By Debdeep Gupta | 23 Jul, 2026
Eternal (Zomato) stock rises 2%, top Nifty gainer after brokerages back growth outlook despite Q1 profit miss
Shares of Eternal Ltd, the parent company of Zomato, climbed 2 percent in early trade on Thursday to Rs 290.10, emerging as the top gainer on the Nifty 50, as investors cheered bullish brokerage commentary following the company's June quarter results. The gains came despite a weak broader market, with the Sensex falling 361.35 points, or 0.47 percent, to 76,393.70 and the Nifty declining 102.00 po...
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anbillion 2025-05-02 14:32:56
Auto component manufacturer Sundram Fasteners posted a 6.9% year-on-year drop in net profit at Rs 124.4 crore for Q4FY25, despite a 4.4% revenue growth to Rs 1,530.6 crore. The dip was primarily due to weaker margins—EBITDA slipped 1.4% to Rs 224.7 crore, and EBITDA margins narrowed to 14.7% from 15.5%.
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