Eternal's Q1 results wowed investors, revealing Blinkit's impressive growth. While FIIs and retail investors sold off shares, mutual funds strategically increased their stake, anticipating Blinkit's potential. Blinkit's transition to an inventory-led model and market share gains fueled optimism, leading brokerages to upgrade the stock with higher target prices, recognizing its long-term growth prospects in the food services and quick-commerce sectors.