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.
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