# E-Commerce - Platform - Food — company-by-company sector analysis

> E-Commerce - Platform - Food: Eternal Ltd owns the largest revenue base AND the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-08-20. Not investment advice.

## Bottom line

E-Commerce - Platform - Food has underperformed NIFTY 500 by 19.5% over 52 weeks and 15.1% over 13 weeks. 1 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. Eternal Ltd leads with revenue of ₹67,408 crore, based on 2 of 2 comparable companies through Jun 2026.

## Sector relative strength

E-Commerce - Platform - Food has underperformed NIFTY 500 by 19.5% over the last 52 weeks. Over 13 weeks the gap is a lead of 15.1%. 1 of 2 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Eternal Ltd is the strongest against the sector itself at +6.6%.

13-week sector return versus NIFTY 500: 15%
52-week sector return versus NIFTY 500: -20%
Stocks leading NIFTY: 1/2
Stocks leading sector: 1/2

Central tension: The central tension: current leadership is concentrated, so durability matters more than rank.

Companies: 2
Combined market value: ₹3.8 L Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. Eternal Ltd (ETERNAL): 50/100 — Mixed-negative evidence; evidence 84%
   - Growth & earnings 26.7/35 | Capital efficiency 1.2/25 | Valuation 5.0/20 | Relative strength 17.0/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 5 of 10 weeks with a reading, within the last 12
   - Exact sum: 26.7 + 1.2 + 5 + 17 = 49.9
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Swiggy Ltd (SWIGGY): 38/100 — Mixed-negative evidence; evidence 71%
   - Growth & earnings 27.5/35 | Capital efficiency 0.0/25 | Valuation 10.0/20 | Relative strength 0.0/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 27.5 + 0 + 10 + 0 = 37.5
   - Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -12.9% and the one-year return is -28.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

## Market action

Eternal Ltd has the strongest one-year price move in E-Commerce - Platform - Food at +5.7%. It also leads on Mansfield relative strength against NIFTY at +10.6%. 1 of 2 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.

### Strongest one-year price performers
1. Eternal Ltd (ETERNAL): 5.7%
2. Swiggy Ltd (SWIGGY): -28%

### Strongest relative strength versus NIFTY 500
1. Eternal Ltd (ETERNAL): 11%
2. Swiggy Ltd (SWIGGY): -18%

## Revenue Scale & Growth Durability

What the numbers say: Eternal Ltd is the scale leader at ₹67,408 crore, 170.7% ahead of Swiggy Ltd. Eternal Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 190.5% from a ₹67,408 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Eternal Ltd is the scale benchmark; Eternal Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Eternal Ltd's growth falls below Eternal Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: Eternal Ltd · ₹67,408 crore | 170.7% versus #2 · Swiggy Ltd | 8/8 recent comparable periods | 2/2 companies · 33 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. Eternal Ltd (ETERNAL): ₹67.4K Cr
2. Swiggy Ltd (SWIGGY): ₹24.9K Cr

### Revenue growth — fastest growers
1. Eternal Ltd (ETERNAL): 100%
2. Swiggy Ltd (SWIGGY): 47%

### 20-quarter Revenue history
- ETERNAL: Sep 2021 ₹1.0K Cr | Dec 2021 ₹1.1K Cr | Mar 2022 ₹1.2K Cr | Jun 2022 ₹1.4K Cr | Sep 2022 ₹1.7K Cr | Dec 2022 ₹1.9K Cr | Mar 2023 ₹2.1K Cr | Jun 2023 ₹2.4K Cr | Sep 2023 ₹2.8K Cr | Dec 2023 ₹3.3K Cr | Mar 2024 ₹3.6K Cr | Jun 2024 ₹4.2K Cr | Sep 2024 ₹4.8K Cr | Dec 2024 ₹5.4K Cr | Mar 2025 ₹5.8K Cr | Jun 2025 ₹7.2K Cr | Sep 2025 ₹13.6K Cr | Dec 2025 ₹16.3K Cr | Mar 2026 ₹17.3K Cr | Jun 2026 ₹20.2K Cr
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 ₹2.4K Cr | Sep 2023 ₹2.8K Cr | Dec 2023 ₹3.0K Cr | Mar 2024 ₹3.0K Cr | Jun 2024 ₹3.2K Cr | Sep 2024 ₹3.6K Cr | Dec 2024 ₹4.0K Cr | Mar 2025 ₹4.4K Cr | Jun 2025 ₹5.0K Cr | Sep 2025 ₹5.6K Cr | Dec 2025 ₹6.1K Cr | Mar 2026 ₹6.4K Cr | Jun 2026 ₹6.8K Cr

### 20-quarter Revenue growth history
- ETERNAL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 68% | Sep 2022 62% | Dec 2022 75% | Mar 2023 70% | Jun 2023 71% | Sep 2023 71% | Dec 2023 69% | Mar 2024 73% | Jun 2024 74% | Sep 2024 69% | Dec 2024 64% | Mar 2025 64% | Jun 2025 70% | Sep 2025 183% | Dec 2025 202% | Mar 2026 196% | Jun 2026 182%
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 35% | Sep 2024 30% | Dec 2024 31% | Mar 2025 45% | Jun 2025 54% | Sep 2025 54% | Dec 2025 54% | Mar 2026 45% | Jun 2026 37%

## Operating Economics & Margin Trend

What the numbers say: Eternal Ltd leads opm at 2.9%; Swiggy Ltd leads margin change at +9 percentage points.

Investor read: Eternal Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Eternal Ltd · 2.9% | 129% versus #2 · Swiggy Ltd | 4/8 recent comparable periods | 2/2 companies · 33 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Eternal Ltd (ETERNAL): 2.9%
2. Swiggy Ltd (SWIGGY): -10%

### Margin change — fastest expanders
1. Swiggy Ltd (SWIGGY): +9.0 pp
2. Eternal Ltd (ETERNAL): +1.3 pp

### 20-quarter OPM history
- ETERNAL: Sep 2021 -52% | Dec 2021 -44% | Mar 2022 -37% | Jun 2022 -22% | Sep 2022 -19% | Dec 2022 -19% | Mar 2023 -11% | Jun 2023 -2.0% | Sep 2023 -1.6% | Dec 2023 1.6% | Mar 2024 2.4% | Jun 2024 4.2% | Sep 2024 4.7% | Dec 2024 3.0% | Mar 2025 1.2% | Jun 2025 1.6% | Sep 2025 1.8% | Dec 2025 2.3% | Mar 2026 2.8% | Jun 2026 2.9%
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 -24% | Sep 2023 -23% | Dec 2023 -17% | Mar 2024 -16% | Jun 2024 -17% | Sep 2024 -15% | Dec 2024 -18% | Mar 2025 -22% | Jun 2025 -19% | Sep 2025 -14% | Dec 2025 -13% | Mar 2026 -11% | Jun 2026 -10%

### 20-quarter Margin change history
- ETERNAL: Sep 2021 −23.7 pp | Dec 2021 −25.8 pp | Mar 2022 −14.9 pp | Jun 2022 +22.9 pp | Sep 2022 +33.5 pp | Dec 2022 +25.0 pp | Mar 2023 +26.1 pp | Jun 2023 +19.7 pp | Sep 2023 +17.2 pp | Dec 2023 +20.6 pp | Mar 2024 +13.4 pp | Jun 2024 +6.2 pp | Sep 2024 +6.3 pp | Dec 2024 +1.4 pp | Mar 2025 −1.2 pp | Jun 2025 −2.6 pp | Sep 2025 −2.9 pp | Dec 2025 −0.7 pp | Mar 2026 +1.6 pp | Jun 2026 +1.3 pp
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 +7.0 pp | Sep 2024 +8.0 pp | Dec 2024 −1.0 pp | Mar 2025 −6.0 pp | Jun 2025 −2.0 pp | Sep 2025 +1.0 pp | Dec 2025 +5.0 pp | Mar 2026 +11.0 pp | Jun 2026 +9.0 pp

## Profit Scale & Acceleration

What the numbers say: Eternal Ltd leads with ₹433 crore of TTM profit, 111.6% above Swiggy Ltd. Eternal Ltd shows 44.8% growth from a ₹433 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Eternal Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: Eternal Ltd · ₹433 crore | 111.6% versus #2 · Swiggy Ltd | 4/8 recent comparable periods | 2/2 companies · 33 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. Eternal Ltd (ETERNAL): ₹433 Cr
2. Swiggy Ltd (SWIGGY): ₹-3.7K Cr

### Profit growth — fastest growers
1. Eternal Ltd (ETERNAL): 45%

### 20-quarter Net profit history
- ETERNAL: Sep 2021 ₹-430 Cr | Dec 2021 ₹-63 Cr | Mar 2022 ₹-360 Cr | Jun 2022 ₹-186 Cr | Sep 2022 ₹-251 Cr | Dec 2022 ₹-347 Cr | Mar 2023 ₹-188 Cr | Jun 2023 ₹2 Cr | Sep 2023 ₹36 Cr | Dec 2023 ₹138 Cr | Mar 2024 ₹175 Cr | Jun 2024 ₹253 Cr | Sep 2024 ₹176 Cr | Dec 2024 ₹59 Cr | Mar 2025 ₹39 Cr | Jun 2025 ₹25 Cr | Sep 2025 ₹65 Cr | Dec 2025 ₹102 Cr | Mar 2026 ₹174 Cr | Jun 2026 ₹92 Cr
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 ₹-564 Cr | Sep 2023 ₹-657 Cr | Dec 2023 ₹-574 Cr | Mar 2024 ₹-555 Cr | Jun 2024 ₹-611 Cr | Sep 2024 ₹-626 Cr | Dec 2024 ₹-799 Cr | Mar 2025 ₹-1.1K Cr | Jun 2025 ₹-1.2K Cr | Sep 2025 ₹-1.1K Cr | Dec 2025 ₹-1.1K Cr | Mar 2026 ₹-800 Cr | Jun 2026 ₹-791 Cr

### 20-quarter Profit growth history
- ETERNAL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 12,550% | Sep 2024 389% | Dec 2024 -57% | Mar 2025 -78% | Jun 2025 -90% | Sep 2025 -63% | Dec 2025 73% | Mar 2026 346% | Jun 2026 268%

## Return On Capital Employed

What the numbers say: Eternal Ltd leads ROCE at 2.5%, 26.6 percentage points above Swiggy Ltd. Swiggy Ltd has the strongest latest improvement at +7.5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Eternal Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: Eternal Ltd · 2.5% | 110.3% versus #2 · Swiggy Ltd | 4/8 recent comparable periods | 2/2 companies · 26 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. Eternal Ltd (ETERNAL): 2.5%
2. Swiggy Ltd (SWIGGY): -24%

### ROCE change — fastest improvers
1. Swiggy Ltd (SWIGGY): +7.5 pp
2. Eternal Ltd (ETERNAL): +1.0 pp

### 20-quarter ROCE history
- ETERNAL: Sep 2021 -7.9% | Dec 2021 — | Mar 2022 -12% | Jun 2022 — | Sep 2022 -8.6% | Dec 2022 -8.7% | Mar 2023 -8.2% | Jun 2023 — | Sep 2023 -6.0% | Dec 2023 0.0% | Mar 2024 -2.3% | Jun 2024 3.0% | Sep 2024 -0.2% | Dec 2024 4.1% | Mar 2025 -0.7% | Jun 2025 2.8% | Sep 2025 -1.8% | Dec 2025 2.8% | Mar 2026 -1.1% | Jun 2026 3.8%
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 -22% | Jun 2024 -32% | Sep 2024 -33% | Dec 2024 -32% | Mar 2025 -29% | Jun 2025 -36% | Sep 2025 -37% | Dec 2025 -43% | Mar 2026 -22% | Jun 2026 —

### 20-quarter ROCE change history
- ETERNAL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.7 pp | Dec 2022 — | Mar 2023 +3.8 pp | Jun 2023 — | Sep 2023 +2.6 pp | Dec 2023 +8.7 pp | Mar 2024 +5.9 pp | Jun 2024 — | Sep 2024 +5.8 pp | Dec 2024 +4.1 pp | Mar 2025 +1.6 pp | Jun 2025 −0.2 pp | Sep 2025 −1.6 pp | Dec 2025 −1.3 pp | Mar 2026 −0.4 pp | Jun 2026 +1.0 pp
- SWIGGY: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 −7.1 pp | Jun 2025 −4.1 pp | Sep 2025 −4.7 pp | Dec 2025 −11.6 pp | Mar 2026 +7.5 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: Eternal Ltd has the lowest comparable PEG at 9.35×. Only 1 of 2 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: Eternal Ltd · 9.35× | Not enough peers | 0/8 recent comparable periods | 1/2 companies · 1 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

### PEG — lowest PEG
1. Eternal Ltd (ETERNAL): 9.4

### P/E — lowest P/E
1. Eternal Ltd (ETERNAL): 710.0

### 20-quarter PEG history
- ETERNAL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 9.4 | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —

### 20-quarter P/E history
- ETERNAL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 -80.0 | Sep 2023 -172.0 | Dec 2023 -8,857.9 | Mar 2024 447.7 | Jun 2024 500.9 | Sep 2024 403.3 | Dec 2024 322.8 | Mar 2025 268.7 | Jun 2025 444.3 | Sep 2025 972.9 | Dec 2025 1,482.1 | Mar 2026 971.2 | Jun 2026 671.7


## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Thin comparisons: Valuation have fewer than three usable current readings.

## Every company
- Eternal Ltd (ETERNAL) — market value ₹3.1 L Cr; latest fundamentals Jun 2026
- Swiggy Ltd (SWIGGY) — market value ₹76.3K Cr; latest fundamentals Jun 2026

## Source standing of each company

Cross-checked: 2. Unverified: 0. Withheld: 0. Graded companies: 2.

Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-08-14.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Is the E-Commerce - Platform - Food sector outperforming NIFTY 500?

E-Commerce - Platform - Food has underperformed NIFTY 500 by 19.5% over 52 weeks and 15.1% over 13 weeks. 1 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.

### Which E-Commerce - Platform - Food company is largest by revenue?

Eternal Ltd leads with revenue of ₹67,408 crore, based on 2 of 2 comparable companies through Jun 2026.

### Which E-Commerce - Platform - Food company is growing fastest?

Eternal Ltd has the fastest current revenue growth at 100%, across 2 of 2 comparable companies.

### Which E-Commerce - Platform - Food company has the strongest 4-Factor Sector Score?

Eternal Ltd ranks first at 49.9/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which E-Commerce - Platform - Food company has the lowest comparable PEG?

Eternal Ltd has the lowest comparable PEG at 9.35, among 1 of 2 companies whose earnings and growth are steady enough for the ratio to mean anything.

### How much history does this E-Commerce - Platform - Food comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

### Is there a Nifty E-Commerce - Platform - Food index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers E-Commerce - Platform - Food, this page builds its own equal-weight basket of 2 listed E-Commerce - Platform - Food companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

### Which are the best E-Commerce - Platform - Food stocks in India?

Ranked by this page's four-factor score, Eternal Ltd places first among 2 listed E-Commerce - Platform - Food companies, followed by Swiggy Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many E-Commerce - Platform - Food stocks are listed in India?

This comparison covers 2 listed E-Commerce - Platform - Food companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

### Which E-Commerce - Platform - Food company is the biggest?

Eternal Ltd is the largest, with trailing-twelve-month revenue of ₹67,408 crore, ahead of Swiggy Ltd at ₹24,904 crore. That covers 2 of 2 companies with comparable reporting through Jun 2026.

### Which E-Commerce - Platform - Food company has the best profit margins?

Eternal Ltd has the highest operating margin at 2.9%, from 2 of 2 comparable companies. Swiggy Ltd shows the biggest recent improvement, at +9 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which E-Commerce - Platform - Food company makes the most profit?

Eternal Ltd earns the most, at ₹433 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. Eternal Ltd has the fastest profit growth at 44.8%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which E-Commerce - Platform - Food company earns the highest return on capital?

Eternal Ltd leads on return on capital employed at 2.5%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which E-Commerce - Platform - Food stock is the cheapest?

On PEG — where a LOWER number is cheaper — Eternal Ltd screens cheapest at 9.35×. Only 1 of 2 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Is the E-Commerce - Platform - Food sector beating the market?

E-Commerce - Platform - Food has underperformed NIFTY 500 by 19.5% over the last 52 weeks and 15.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which E-Commerce - Platform - Food stock has the strongest price momentum?

Eternal Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which E-Commerce - Platform - Food company scores highest for research priority?

Eternal Ltd scores 49.9 out of 100 with 84% evidence confidence, from 26.7 points on growth and earnings, 1.2 on capital efficiency, 5 on valuation and 17 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many E-Commerce - Platform - Food companies does this comparison cover, and over what period?

It compares 2 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the E-Commerce - Platform - Food sector?

The 2 E-Commerce - Platform - Food companies on this page carry ₹3,83,631 crore of combined market value. Eternal Ltd is the largest at ₹3,07,364 crore, about 80% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.

### How is the E-Commerce - Platform - Food sector performing?

1 of the 2 covered E-Commerce - Platform - Food companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 19.5% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.