{"id":1023631,"date":"2026-07-25T08:38:21","date_gmt":"2026-07-25T03:08:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1023631"},"modified":"2026-07-25T08:39:44","modified_gmt":"2026-07-25T03:09:44","slug":"eternal-set-for-45-upside-why-jefferies-backs-strategy-shift-from-market-share-to-focus-on-returns","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/25\/eternal-set-for-45-upside-why-jefferies-backs-strategy-shift-from-market-share-to-focus-on-returns\/","title":{"rendered":"Eternal set for 45% upside? Why Jefferies backs strategy shift from market share to focus on returns"},"content":{"rendered":"<p>Eternal has reached a stage where it is willing to let rivals grow faster if that growth is driven by heavy discounting, according to Jefferies, which believes the June-quarter earnings reinforce a significant change in the company\u2019s strategy. Rather than pursuing market share at any cost, the brokerage said Eternal is focusing on profitable growth across both food delivery and quick commerce, with Blinkit already demonstrating that improving margins and rapid expansion can coexist. The stronger operating performance prompted Jefferies to retain its \u2018Buy\u2019 rating on the stock and raise its target price to Rs 415 from Rs 400, implying an upside of about 45%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eternal has reached a stage where it is willing to let rivals grow faster if that growth is driven by heavy discounting, according to Jefferies, which believes the June-quarter earnings reinforce a significant change in the company\u2019s strategy. Rather than pursuing market share at any cost, the brokerage said Eternal is focusing on profitable growth across both food delivery and quick commerce, with Blinkit already demonstrating that improving margins and rapid expansion can coexist. The stronger operating performance prompted Jefferies to retain its \u2018Buy\u2019 rating on the stock and raise its target price to Rs 415 from Rs 400, implying [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1023631","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1023631"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023631\/revisions"}],"predecessor-version":[{"id":1023659,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023631\/revisions\/1023659"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1023631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1023631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1023631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}