{"id":948917,"date":"2025-07-23T08:07:19","date_gmt":"2025-07-23T02:37:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=948917"},"modified":"2025-07-23T08:37:48","modified_gmt":"2025-07-23T03:07:48","slug":"info-edges-bet-on-eternal-now-makes-up-over-a-third-of-its-market-cap","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/23\/info-edges-bet-on-eternal-now-makes-up-over-a-third-of-its-market-cap\/","title":{"rendered":"Info Edge\u2019s bet on Eternal now makes up over a third of its market cap"},"content":{"rendered":"<p>Shares of Info Edge (India) rallied as much as 4.4% on Tuesday to Rs 1,465 on BSE, after the latest earnings-fuelled rally in Eternal, the parent company of Zomato and Blinkit, lifted the value of Info Edge\u2019s stake in the firm to more than a third of its own market capitalisation.<\/p>\n<p>Info Edge holds a 12.38% stake, equivalent to 119.46 crore shares, in Eternal, according to the shareholding pattern for the June quarter filed with the BSE. With Eternal shares soaring nearly 15% on Tuesday to a fresh all-time high of Rs 311.60, that holding is now valued at approximately Rs 37,226 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Info Edge (India) rallied as much as 4.4% on Tuesday to Rs 1,465 on BSE, after the latest earnings-fuelled rally in Eternal, the parent company of Zomato and Blinkit, lifted the value of Info Edge\u2019s stake in the firm to more than a third of its own market capitalisation. Info Edge holds a 12.38% stake, equivalent to 119.46 crore shares, in Eternal, according to the shareholding pattern for the June quarter filed with the BSE. With Eternal shares soaring nearly 15% on Tuesday to a fresh all-time high of Rs 311.60, that holding is now valued at approximately [&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":[59,4,10],"tags":[],"class_list":["post-948917","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/948917","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=948917"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/948917\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=948917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=948917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=948917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}