India, May 4 -- One of India's largest consumer tech platforms just reported its Q4 FY26 numbers, and while some segments fell short of street estimates, brokerages are not backing down. Three major research firms have maintained their 'Buy' rating, with one seeing as much as 60% upside from current levels.

Nomura Cuts Target, Stays Bullish Nomura has trimmed its target price on Eternal to Rs 340 from Rs 380, but maintained its 'Buy' rating, implying an upside of over 37% from the current market price. The brokerage noted that the food delivery business, measured by net order value or NOV, declined 1% on a quarter-on-quarter basis but grew 19% year-on-year in Q4 FY26, broadly in line with expectations.

Nomura pointed out that growth ov...