Key Highlight
Eternal shows a bullish RSI upswing, supported by strong fundamental growth and predominantly bullish analyst sentiment, indicating positive momentum.
Snapshot
Summary
The stock is showing a bullish technical signal with its Relative Strength Index (RSI) crossing above 50, indicating an upward momentum. This technical indicator suggests potential buying interest, as highlighted in a recent market analysis.
Despite recent mixed short-term returns, the stock's price is trading slightly above its 50-day moving average, suggesting some positive short-term trend adherence. However, it remains below the 200-day moving average, indicating a longer-term downtrend is still in play.
Momentum indicators present a mixed picture: the MACD has recently shown a bullish crossover, which can signal an upcoming price increase, while the RSI at 56.72 suggests a neutral to slightly positive sentiment among traders.
The company reported substantial year-over-year growth in its Mar 2026 quarter, with revenue surging by 196.451% and net profit by an impressive 346.154%. This significant expansion in profitability indicates strong operational performance.
Institutional investors, including FIIs and DIIs, collectively hold a dominant 68.49% stake in the company as of Mar 2026. While FII holdings saw a slight decrease of 3.63% quarter-over-quarter, DII holdings increased by 3.27%, suggesting a shift in institutional sentiment.
Analysts maintain a predominantly bullish outlook, with 87.1% of ratings being 'Strong Buy' or 'Buy'. This consensus among analysts suggests a positive perception of the company's future prospects, despite a small number of 'Sell' ratings.
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Price & Volume
The stock has shown positive returns over the last 5 days (2.103%) and 3 months (3.877%), but a slight negative return over the last month (-0.078%).
The trend alignment score is neutral (1), with the price trading 2.969% above the 50-day moving average and 3.099% below the 200-day moving average.
Momentum indicators are mixed: RSI is at 56.72, indicating a neutral to slightly bullish stance, while the MACD shows a bullish crossover.
Volatility is moderate with a Bollinger band width of 8.96%, and the price is positioned at 94.23% of the upper Bollinger band.
The stock is trading 27.47% below its 52-week high and 19.16% above its 52-week low, with a current drawdown of -27.47%. The volume is slightly above its 20-day average (1.119x).
Technicals
The stock exhibits a neutral trend alignment with mixed short-term returns. Momentum is leaning bullish with a positive MACD signal and a neutral RSI. Volatility is within normal ranges, and the price is approaching the upper Bollinger band. Structurally, the stock is recovering from a drawdown and trading significantly below its 52-week high, with recent volume slightly elevated.
Fundamentals
Revenue for Mar 2026 quarter stands at ₹17,292 Cr, with net profit at ₹174 Cr and EPS at ₹0.18.
Quarter-over-quarter, revenue increased by 5.988%, net profit by 70.588%, and EPS by 63.636%.
Year-over-year, revenue surged by 196.451%, net profit by 346.154%, and EPS by 350.0%.
Profitability shows a strong upward trend both quarter-over-quarter and year-over-year.