Morgan Stanley backs Eternal as top internet pick; Goldman lifts Ola Electric TP to Rs 38.9
Eternal outperformed Swiggy by 11% as Morgan Stanley flags execution edge despite quick-commerce heat. Goldman stays Neutral on Ola Electric, raising TP to Rs 38.9 as E2W penetration hit 9% in May 2026 and Ola's market share recovered to 8.7%. Oberoi Realty also in focus with Rs 3000cr+ 360 North launch.
What happened
Morgan Stanley reiterates Eternal as top internet pick citing execution and tailwinds, flags quick commerce competition. Goldman keeps Ola Electric Neutral with
Key facts
- Eternal outperformed Swiggy by 11%
- Shadowfax over Delhivery by 28%
- Paytm over Pine Labs by 14%
- PE/VC funding -23% YoY TTM
- E2W penetration 9% in May 2026
- Ola Electric market share 8.7%
- Oberoi 360 North launch value Rs 3000cr+
- Ola Electric TP Rs 38.9
Why this matters
Ola's E2W share rebound to 8.7% against 9% category penetration, plus Oberoi's Rs 3000cr+ 360 North launch, point to consolidation windows in EV two-wheelers and premium realty worth scoping.