Zomato’s stock closed at ₹236.86 today, up 2.25%, quietly nibbling its way into the list of top gainers. But what caught everyone’s attention was its rebranding to ‘Eternal’ on the Nifty 50 — a name that sounds more like a vampire love story than a biryani app.
We don’t know whether the name change is real, poetic, or just NSE being dramatic. But one thing is clear:
Zomato has had a second wind.
📈 From
meme stock to meat stock
After its post-IPO crash, Zomato became a punchline. But now?
- EBITDA positive
- Blinkit turning profitable
- Take rates up
- Competition stabilizing
Even your cousin who mocked it at ₹140 is now secretly adding it to his SIP.
🤝 What’s working?
- Blinkit acquisition finally makes sense. It’s driving
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