{"id":267181,"date":"2026-09-24T12:06:11","date_gmt":"2026-09-24T06:36:11","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=267181"},"modified":"2026-09-24T12:06:11","modified_gmt":"2026-09-24T06:36:11","slug":"buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/","title":{"rendered":"Buy, Sell Or Hold: Eternal, Swiggy, FSN E-Commerce Ventures, One97 Communications, Delhivery \u2014 Analyst Forecast"},"content":{"rendered":"<div style=\"background:#EAF3FF;border-radius:8px;padding:16px 20px;margin:18px 0;\">\n<p style=\"margin:0 0 8px;color:#1F4E79;\"><strong>Sector Snapshot (24 September 2026)<\/strong><\/p>\n<table style=\"width:100%;border-collapse:collapse;font-size:14px;\">\n<tr style=\"background:#D6E9FF;\">\n<th style=\"padding:6px 8px;text-align:left;\">Stock<\/th>\n<th style=\"padding:6px 8px;text-align:left;\">LTP (Rs)<\/th>\n<th style=\"padding:6px 8px;text-align:left;\">52W High<\/th>\n<th style=\"padding:6px 8px;text-align:left;\">52W Low<\/th>\n<th style=\"padding:6px 8px;text-align:left;\">P\/E vs Industry<\/th>\n<th style=\"padding:6px 8px;text-align:left;\">ROE<\/th>\n<th style=\"padding:6px 8px;text-align:left;\">Our View<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:6px 8px;\"><a href=\"https:\/\/univest.in\/stocks\/eternal\/eternal-ltd-share-price-today\">Eternal<\/a><\/td>\n<td style=\"padding:6px 8px;\">340.55<\/td>\n<td style=\"padding:6px 8px;\">368.45<\/td>\n<td style=\"padding:6px 8px;\">212.60<\/td>\n<td style=\"padding:6px 8px;\">760.00 \/ 132.48<\/td>\n<td style=\"padding:6px 8px;\">1.18%<\/td>\n<td style=\"padding:6px 8px;\">Avoid \/ High Risk<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:6px 8px;\"><a href=\"https:\/\/univest.in\/stocks\/swiggy\/swiggy-ltd-share-price-today\">Swiggy<\/a><\/td>\n<td style=\"padding:6px 8px;\">272.75<\/td>\n<td style=\"padding:6px 8px;\">460.90<\/td>\n<td style=\"padding:6px 8px;\">235.75<\/td>\n<td style=\"padding:6px 8px;\">N\/A (loss-making)<\/td>\n<td style=\"padding:6px 8px;\">-22.68%<\/td>\n<td style=\"padding:6px 8px;\">Avoid \/ High Risk<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:6px 8px;\"><a href=\"https:\/\/univest.in\/stocks\/nykaa\/fsn-e-commerce-ventures-ltd-share-price-today\">FSN E-Commerce Ventures (Nykaa)<\/a><\/td>\n<td style=\"padding:6px 8px;\">341.15<\/td>\n<td style=\"padding:6px 8px;\">349.55<\/td>\n<td style=\"padding:6px 8px;\">227.90<\/td>\n<td style=\"padding:6px 8px;\">373.74 \/ 132.48<\/td>\n<td style=\"padding:6px 8px;\">13.87%<\/td>\n<td style=\"padding:6px 8px;\">Hold<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:6px 8px;\"><a href=\"https:\/\/univest.in\/stocks\/paytm\/one97-communications-ltd-share-price-today\">One97 Communications (Paytm)<\/a><\/td>\n<td style=\"padding:6px 8px;\">1,777.00<\/td>\n<td style=\"padding:6px 8px;\">1,855.50<\/td>\n<td style=\"padding:6px 8px;\">930.60<\/td>\n<td style=\"padding:6px 8px;\">175.40 \/ 132.48<\/td>\n<td style=\"padding:6px 8px;\">4.55%<\/td>\n<td style=\"padding:6px 8px;\">Hold<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:6px 8px;\"><a href=\"https:\/\/univest.in\/stocks\/delhivery\/delhivery-ltd-share-price-today\">Delhivery<\/a><\/td>\n<td style=\"padding:6px 8px;\">428.95<\/td>\n<td style=\"padding:6px 8px;\">524.00<\/td>\n<td style=\"padding:6px 8px;\">374.45<\/td>\n<td style=\"padding:6px 8px;\">346.24 \/ 47.80<\/td>\n<td style=\"padding:6px 8px;\">1.84%<\/td>\n<td style=\"padding:6px 8px;\">Avoid \/ High Risk<\/td>\n<\/tr>\n<\/table><\/div>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">None of these e-commerce and app based aggregator stocks currently combines a reasonable valuation with strong profitability. FSN E-Commerce Ventures and One97 Communications both post positive, if modest, return on equity despite rich multiples, keeping them in hold territory. Eternal, Swiggy and Delhivery all trade at extreme valuations against negligible or negative return on equity, which puts all three in high-risk territory.<\/p>\n<\/div>\n<p>India&#8217;s listed new-age internet companies span food delivery, quick commerce, beauty e-commerce, fintech and logistics, businesses still prioritising growth and market share over current profitability, which keeps most of this group trading at valuations far removed from traditional earnings-based benchmarks. This piece checks five listed names on valuation and profitability.<\/p>\n<p><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Eternal_Avoid_High_Risk\" title=\"Eternal: Avoid \/ High Risk\">Eternal: Avoid \/ High Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Swiggy_Avoid_High_Risk\" title=\"Swiggy: Avoid \/ High Risk\">Swiggy: Avoid \/ High Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#FSN_E-Commerce_Ventures_Nykaa_Hold\" title=\"FSN E-Commerce Ventures (Nykaa): Hold\">FSN E-Commerce Ventures (Nykaa): Hold<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#One97_Communications_Paytm_Hold\" title=\"One97 Communications (Paytm): Hold\">One97 Communications (Paytm): Hold<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Delhivery_Avoid_High_Risk\" title=\"Delhivery: Avoid \/ High Risk\">Delhivery: Avoid \/ High Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#What_Ties_These_E-Commerce_and_App_Based_Aggregator_Stocks_Together\" title=\"What Ties These E-Commerce and App Based Aggregator Stocks Together\">What Ties These E-Commerce and App Based Aggregator Stocks Together<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Which_e-commerce_and_app_based_aggregator_stocks_look_attractive_right_now\" title=\"Which e-commerce and app based aggregator stocks look attractive right now?\">Which e-commerce and app based aggregator stocks look attractive right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Why_is_Eternal_considered_high_risk_despite_trading_near_its_highs\" title=\"Why is Eternal considered high risk despite trading near its highs?\">Why is Eternal considered high risk despite trading near its highs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Is_Swiggy_profitable\" title=\"Is Swiggy profitable?\">Is Swiggy profitable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Why_does_Delhivery_trade_at_such_a_high_PE\" title=\"Why does Delhivery trade at such a high P\/E?\">Why does Delhivery trade at such a high P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#How_does_quick_commerce_competition_affect_these_stocks\" title=\"How does quick commerce competition affect these stocks?\">How does quick commerce competition affect these stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-eternal-swiggy-nykaa-paytm-delhivery-ecommerce-app-aggregator-stocks\/#Where_can_I_track_these_e-commerce_and_app_based_aggregator_stocks_in_real_time\" title=\"Where can I track these e-commerce and app based aggregator stocks in real time?\">Where can I track these e-commerce and app based aggregator stocks in real time?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Eternal_Avoid_High_Risk\"><\/span><strong>Eternal: Avoid \/ High Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Eternal, formerly Zomato, trades at Rs 340.55, close to its 52-week high of Rs 368.45. Its price-to-earnings ratio of 760.00 is nearly six times the already-elevated industry average of 132.48, while its return on equity of just 1.18% shows the business is barely generating a return on its equity base. That gap between an extreme valuation and negligible profitability puts this in high-risk territory among these e-commerce and app based aggregator stocks.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Swiggy_Avoid_High_Risk\"><\/span><strong>Swiggy: Avoid \/ High Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Swiggy is at Rs 272.75, close to its 52-week low of Rs 235.75 and down close to 41% from its high of Rs 460.90. The company is currently loss-making, with a negative return on equity of 22.68%, the weakest in this group by a wide margin. A steep price fall alone does not make a stock cheap, and until profitability improves meaningfully, this looks better avoided than bought on the correction.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"FSN_E-Commerce_Ventures_Nykaa_Hold\"><\/span><strong>FSN E-Commerce Ventures (Nykaa): Hold<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>FSN E-Commerce Ventures, which operates Nykaa, trades at Rs 341.15, close to its 52-week high of Rs 349.55. It posts the strongest return on equity in this group at 13.87%, but its price-to-earnings ratio of 373.74 is still well above the industry average of 132.48. With the stock trading near its highs on a rich multiple, this looks like a hold rather than a fresh buy.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"One97_Communications_Paytm_Hold\"><\/span><strong>One97 Communications (Paytm): Hold<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One97 Communications, which operates Paytm, is at Rs 1,777.00, down close to 4% from its 52-week high of Rs 1,855.50. It posts a return on equity of 4.55% with a price-to-earnings ratio of 175.40, above the industry average of 132.48. There is a genuine path to profitability here, but the current combination of a rich multiple and modest returns keeps this in hold territory.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Delhivery_Avoid_High_Risk\"><\/span><strong>Delhivery: Avoid \/ High Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Delhivery trades at Rs 428.95, down close to 18% from its 52-week high of Rs 524.00. Its price-to-earnings ratio of 346.24 is more than seven times the industry average of 47.80, while its return on equity of just 1.84% is among the weakest in this group. That gap between an extreme valuation and negligible profitability puts this in high-risk territory rather than a name to add to.<\/p>\n<p><strong><a href=\"https:\/\/univest.in\/screeners\">Explore Univest&#8217;s stock screener to compare e-commerce and app based aggregator stocks on your own filters<\/a><\/strong><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_Ties_These_E-Commerce_and_App_Based_Aggregator_Stocks_Together\"><\/span><strong>What Ties These E-Commerce and App Based Aggregator Stocks Together<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every one of these e-commerce and app based aggregator stocks trades at a valuation that looks extreme by traditional standards, reflecting the market&#8217;s continued willingness to price in future growth over current profitability across India&#8217;s new-age internet sector. FSN E-Commerce Ventures and One97 Communications at least post positive return on equity, while Eternal, Swiggy and Delhivery are all still working toward consistent profitability. Quick commerce competition, delivery unit economics and take-rate trends can all move these numbers meaningfully from one quarter to the next.<\/p>\n<p><strong>Track live prices for these e-commerce and app based aggregator stocks anytime with the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> and <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a><\/strong><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>E-commerce and app based aggregator stocks in India remain some of the most expensively valued names on the market relative to current earnings. FSN E-Commerce Ventures and One97 Communications are the more reasonable holds among these e-commerce and app based aggregator stocks given their positive returns, while Eternal, Swiggy and Delhivery&#8217;s extreme valuations against weak or negative profitability keep all three in higher-risk territory. As always, treat this as a starting point rather than a final word.<\/p>\n<div style=\"border-left:4px solid #C62828;background:#FFF5F5;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#C62828;\"><strong>Disclaimer:<\/strong> This article is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Stock market investments are subject to market risks. Please verify all data independently and consult a SEBI-registered investment adviser before making any investment decisions. Univest Financial Services Private Limited, SEBI Registered Investment Adviser, Registration No. INH000013776.<\/p>\n<\/p><\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A few common questions on these e-commerce and app based aggregator stocks, answered briefly below for quick reference on this e-commerce and app based aggregator stocks basket.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Which_e-commerce_and_app_based_aggregator_stocks_look_attractive_right_now\"><\/span><strong>Which e-commerce and app based aggregator stocks look attractive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Neither FSN E-Commerce Ventures nor One97 Communications looks cheap, but both post positive return on equity, which makes them the more reasonable holds among these e-commerce and app based aggregator stocks rather than clear buys.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Why_is_Eternal_considered_high_risk_despite_trading_near_its_highs\"><\/span><strong>Why is Eternal considered high risk despite trading near its highs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Eternal trades at a price-to-earnings ratio nearly six times the industry average while its return on equity is just 1.18%, a combination that puts it in high-risk territory regardless of its share price momentum.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Is_Swiggy_profitable\"><\/span><strong>Is Swiggy profitable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No, Swiggy is currently loss-making, with a negative return on equity of 22.68%, the weakest in this group, which is why it is rated high risk despite trading close to its 52-week low.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Why_does_Delhivery_trade_at_such_a_high_PE\"><\/span><strong>Why does Delhivery trade at such a high P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Delhivery&#8217;s price-to-earnings ratio of 346.24 reflects very thin current profitability relative to its market valuation, with a return on equity of just 1.84%, which keeps it in high-risk territory among these e-commerce and app based aggregator stocks.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"How_does_quick_commerce_competition_affect_these_stocks\"><\/span><strong>How does quick commerce competition affect these stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Intensifying competition in quick commerce has pressured unit economics across food delivery and e-commerce platforms like Eternal and Swiggy, which is a key reason profitability has lagged revenue growth for much of this group.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Where_can_I_track_these_e-commerce_and_app_based_aggregator_stocks_in_real_time\"><\/span><strong>Where can I track these e-commerce and app based aggregator stocks in real time?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You can track live prices, set price alerts, and follow quarterly results for Eternal, Swiggy, FSN E-Commerce Ventures, One97 Communications and Delhivery using the Univest iOS App and Univest Android App.<\/p>\n<div class=\"faq-schema\">\n <script type=\"application\/ld+json\">\n {\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n  {\"@type\": \"Question\", \"name\": \"Which e-commerce and app based aggregator stocks look attractive right now?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Neither FSN E-Commerce Ventures nor One97 Communications looks cheap, but both post positive return on equity, which makes them the more reasonable holds among these e-commerce and app based aggregator stocks rather than clear buys.\"}},\n  {\"@type\": \"Question\", \"name\": \"Why is Eternal considered high risk despite trading near its highs?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Eternal trades at a price-to-earnings ratio nearly six times the industry average while its return on equity is just 1.18%, a combination that puts it in high-risk territory regardless of its share price momentum.\"}},\n  {\"@type\": \"Question\", \"name\": \"Is Swiggy profitable?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"No, Swiggy is currently loss-making, with a negative return on equity of 22.68%, the weakest in this group, which is why it is rated high risk despite trading close to its 52-week low.\"}},\n  {\"@type\": \"Question\", \"name\": \"Why does Delhivery trade at such a high P\/E?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Delhivery's price-to-earnings ratio of 346.24 reflects very thin current profitability relative to its market valuation, with a return on equity of just 1.84%, which keeps it in high-risk territory among these e-commerce and app based aggregator stocks.\"}},\n  {\"@type\": \"Question\", \"name\": \"How does quick commerce competition affect these stocks?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Intensifying competition in quick commerce has pressured unit economics across food delivery and e-commerce platforms like Eternal and Swiggy, which is a key reason profitability has lagged revenue growth for much of this group.\"}},\n  {\"@type\": \"Question\", \"name\": \"Where can I track these e-commerce and app based aggregator stocks in real time?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"You can track live prices, set price alerts, and follow quarterly results for Eternal, Swiggy, FSN E-Commerce Ventures, One97 Communications and Delhivery using the Univest iOS App and Univest Android App.\"}}\n  ]\n }\n <\/script>\n <\/div>\n","protected":false},"excerpt":{"rendered":"<p>A look at 5 e-commerce and app based aggregator stocks in India, Eternal, Swiggy, FSN E-Commerce Ventures, One97 Communications and Delhivery, with a buy, hold or sell view on each.<\/p>\n","protected":false},"author":36,"featured_media":267180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[6960,1225,7196,7197,7199,7200,7198,797],"class_list":["post-267181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-buy-sell-hold","tag-delhivery","tag-e-commerce-app-based-aggregator","tag-eternal","tag-nykaa","tag-paytm","tag-swiggy","tag-zomato"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["267180"],"rank_math_title":["Buy, Sell Or Hold: Eternal, Swiggy, Nykaa, Paytm, Delhivery \u2014 E-Commerce\/App Based Aggregator Stocks"],"rank_math_description":["A look at 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