Exciting News: Zomato Limited Renamed to Eternal Limited!
The company formerly known as Zomato Limited has officially changed its name to Eternal Limited, marking the beginning of an exciting new chapter! This rebranding reflects the company’s ambition to broaden its horizons and capture new growth opportunities, positioning itself for the future.
The stock, already on everyone’s watchlist, has shown a significant recovery in recent days. It bounced back from a low of ₹199.17 on March 17, 2025, to close at ₹224.47 on March 20, 2025—an impressive recovery of 12.7%!
However, the stock remains highly overvalued with a PE ratio of 327, making it a risky pick for cautious investors.
With the rebranding and recent momentum, Eternal Limited will undoubtedly be a stock to watch tomorrow. Will it continue its upward march, or will high valuations weigh on the sentiment? Share your thoughts!