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Bernstein adds Eternal to India portfolio, drops DMart on quick-commerce risk
Bernstein added Eternal, Paytm and Adani Ports to its India model portfolio and removed DMart, citing quick-commerce competition risk. It sees Eternal benefiting from easing competition and delivery-ecosystem growth, while retaining Titan as a premium-consumption beneficiary.
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Reported figures
From the report. Source details below
| Nifty 50 target: | 26,000 |
|---|---|
| Adani Ports target price: | ₹1,973 |
| Eternal target price: | ₹350 |
| Paytm target price: | ₹2,200 |
| Model portfolio: | 13 stocks |
The source
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