Most expensive Nifty stock ever? Eternal at 455 PE dares you to doubt the hype
- Posted on June 20, 2025
- By Business News Today
- 2 Views
Most expensive Nifty stock ever? Eternal at 455 PE dares you to doubt the hype
Eternal, formerly Zomato, boasts a PE ratio of 455, making it the Nifty 50's most expensive stock, signaling investors' shift towards long-term growth. Despite competition from Rapido and others, mutual funds are heavily invested, drawn by Eternal's leadership in food delivery and quick commerce.
