Today, on 11th April 2025, Eternal Ltd. experienced a surge of 3% in its share prices. Besides the broader market and analysts’ optimism, Eternal’s decision to liquidate its inactive subsidiary, Zomato Netherlands BV, may have contributed to higher trade volumes and rising share prices.
Today, Eternals’ shares began at Rs. 216.00, a notable increase from last session’s Rs. 211. The share prices are currently up by 2% compared to yesterday’s closing rates.
Eternal Share Price in Today’s Market
At 11:00 a.m., Eternal traded its shares for Rs. 217.70, nearly 3% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 210,088 cores; the UC Limit is 232.52, and the LC Limit is 190.25.
Company Financials
According to the third quarter financial reports, Eternal gained 64% in revenues., making Rs. 5,405 crore and noted a 57% decline in net profits with Rs. 59 Crore against Rs. 138 Crore earned in the third quarter of last year. Eternal’s subsidiary, Blinkit, reported losses of Rs. 89 crores compared to Rs. 103 crores during the Q3 of the previous year.
Recent News About Eternal
- Eternal Limited is scheduled to announce its Q4 FY2025 financial results on 13th May.
- As part of the company’s worldwide restructuring initiatives, Eternal’s Dutch subsidiary, formerly known as Zomato Netherlands, started a voluntary liquidation process in April.
- Rinshul Chandra’s resignation on 5th April led to a 10% drop in Eternal’s share prices
Eternal Share Price Target
As per Trendlyne’s reports, experts have predicted that Eternal Ltd. has an average target of 271.33. The consensus estimate represents an upside of 24.35% from the last price of 218.20.
Should You Buy, Sell, Or Hold?
Analysts on Trendlyne strongly recommend buying the shares. On MoneyControl, 55% of experts suggest buying, 27% suggest holding, and 10% recommend selling the shares. Before investing in Eternal, consider its long-term performance and consult your analyst to make the perfect move.
