India, July 22 -- Shares of foodtech major Eternal today surged as much as 14.8% to INR 311.60, touching a fresh 52-week high.

The rally followed yesterday's surge in Zomato's stock, driven by higher revenue posted by the company in Q1 FY26 despite missing profit expectations.

As of 11:11 AM, the stock pared some gains and was trading 8.6% higher at INR 294.55.

At this level, the company's market capitalisation stood at INR 2,85,602.13 Cr, with a trading volume of 14.8 Cr shares. The stock's upper price band of INR 311.85 was near today's intraday high.

Just a day earlier, Zomato parent Eternal reported a consolidated net profit of INR 25 Cr for the first quarter of FY26, marking a decline of over 90% year on year YoY and 36% quarter ...