69% rise expected in Eternal’s shares – Jefferies does not expect a price war in quick commerce industry as Swiggy completes its QIP and Zepto plans IPO watch video to know more

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Jefferies has said in its report that Swiggy and Zepto will have to show their ability to earn profit. However, the fund raising by both the companies is unlikely to trigger a price war in the quick-commerce industry. He has advised to buy Eternal’s shares