Eternal shares jump 2% after strong Q2 show, brokerages see up to 34% upside
Jefferies rate stocks including a list of stocks.
· ET Stocks, Economic Times Markets
Eternal shares rose after Q2FY27 net profit surged 92.3% year-on-year to Rs 125 crore, while revenue jumped 77.6% to Rs 24,138 crore.
Key facts
- Period
- Q2FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Jefferies, with ratings on the stocks named.
- The “up to 34% upside” is the brokerages’ own estimate: the gap between the share price when the note was written and their target price, usually set a year out. It is a forecast by the brokerage, not a move that has happened.
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