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Elara Securities' Karan Taurani views Eternals' move to cap FII ownership positively, paving the way for inventory-led quick commerce growth. This shift allows better control over quality, pricing, and private labels, especially in sensitive sectors like medicine. Data localization norms also benefit Eternals as a domestic entity.
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The talks are likely to focus on fast-tracking a trade deal, earlier expected to conclude by the end of 2025.
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So, banks are pretty well placed and as the result season plays out, we will see more data points but this quarter result expectations in any case were lower. Overall financial year 25-26 the outlook still remains positive.
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News and Media
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