Goldman Sachs maintained a buy rating on Eternal with target price hiked to 385, calling it a top pick in the Indian internet segment; Anand Rathi's Narendra Solanki also reiterated a positive/buy view

Tue 29 Sep 2026

Goldman Sachs target price

385

FY29 going-out business target

1 billion dollars

Heard on Live TV News Channel between 12:44:34 - 12:45:49 IST.

• Goldman Sachs kept its buy rating on Eternal, raising the target price to 385, and called it a top pick in the Indian internet space.
• Goldman cited optionality in Eternal's going-out business, visibility toward a billion-dollar target for FY29, early market share gains in food delivery, and positive commentary on quick commerce.
• Narendra Solanki said the recent correction offers a good opportunity for investors who missed the earlier rally, noting strong performance in both food delivery and quick commerce (Blinkit) and top profitability at the hyperstore business.
• Solanki said this shows operational discipline and effective execution across the company's business units, and recommended buying the stock for medium to long term investment.

The call above is Narendra Solanki, Anand Rathi's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.