Blinkit Leads as Jefferies Sees No Valuation Threat from Rivals
Jefferies believes recent funding moves by Swiggy and Zepto won’t spark a price war in India’s quick-commerce space. Blinkit, owned by Eternal, holds its top position with superior profitability from rapid store growth and a focus on expansion. Key Analyst Insights Jefferies maintains a “Buy” rating on Eternal shares with an Rs 480 target, signaling…
