Eternal (ETERNAL) Weekly Analysis
Price & Volume
The stock experienced a slight downturn this week, closing down by 1.0%. The trading range was 3.37%, indicating moderate price fluctuation. Average daily volume was lower than the previous week by 26.57%. The stock remains above its 50-day and 200-day moving averages.
Technicals
This week, the stock closed at 286.75, down 1.00% WoW. The price is above the 50-week Moving Average (MA), which is trending down. The 14-week Relative Strength Index (RSI), a measure of momentum, is at 61.28, showing a decrease from last week. The MACD histogram, indicating the strength of momentum, is slightly positive but has decreased. Bollinger Band width has narrowed, suggesting lower volatility compared to recent weeks. Overall, the trend shows mixed signals with weakening momentum.
Fundamentals
Eternal reported a significant jump in net profit for the Mar 2026 quarter, up 70.6% QoQ and 346.2% YoY to ₹174.0. Revenue also saw strong growth, increasing 6.0% QoQ and 196.5% YoY. The company's operating margin for the quarter was 3.0%. The trailing twelve months (TTM) data is not available. The company currently trades at a Price-to-Earnings (PE) ratio of 104.2x and a Price-to-Book (PB) ratio of 7.5x.
News
During the week of July 13-17, 2026, Eternal's stock experienced a notable decline of 2.02% on July 16. This followed a period of significant gains, with shares jumping up to 20% in the preceding month, driven in part by Swiggy's increased domestic ownership and promising EBITDA performance in Eternal's quick commerce segment. The broader IT sector saw discussions around India's plans to augment AI compute capacity and the emergence of AI data centers as a key growth phase for IT services companies. Additionally, sector performance trackers indicated that while Metals remained a long-term leader, the Pharma sector showed strong returns in 2026.
Events
Eternal Limited will hold a board meeting on July 22, 2026, to approve its Q1 FY27 financial results. An earnings conference call will follow to discuss these results with shareholders.
Eternal Limited will hold a board meeting on July 22, 2026, to approve its Q1 FY27 financial results. An earnings call will follow at 5:00 PM IST to discuss these results.
Eternal Limited confirms receipt of a certificate from its Registrar and Share Transfer Agent for the quarter ended June 30, 2026. The certificate states no demat requests were processed during this period, indicating no changes in shareholding dematerialization.
Eternal Limited announced the grant of 13,742,054 stock options to employees under various ESOP plans. The exercise price is ₹1 per option, with options exercisable within 10-12 years.
Eternal Limited (formerly Zomato Limited) has closed its trading window from June 20, 2026, until 48 hours after the declaration of Q1 FY27 financial results. This prohibits designated persons from trading company securities to comply with SEBI regulations.
Eternal Limited will hold a board meeting on July 22, 2026, to approve its Q1 FY27 financial results. An earnings call will follow at 5:00 PM IST to discuss these results.
Eternal Limited confirms receipt of a certificate from its Registrar and Share Transfer Agent for the quarter ended June 30, 2026. The certificate states no demat requests were processed during this period, indicating no changes in shareholding dematerialization.
Eternal Limited announced the grant of 13,742,054 stock options to employees under various ESOP plans. The exercise price is ₹1 per option, with options exercisable within 10-12 years.
Eternal Limited (formerly Zomato Limited) has closed its trading window from June 20, 2026, until 48 hours after the declaration of Q1 FY27 financial results. This prohibits designated persons from trading company securities to comply with SEBI regulations.
Weekly Snapshot
Highlights
- The stock declined 1.0% this week, with trading volume decreasing by 26.57% compared to the previous week.
- Technical indicators show weakening momentum, with the 14-week RSI decreasing and the MACD histogram showing a smaller positive value.
- The company announced its board meeting to approve Q1 FY27 financial results for July 22, 2026, with an earnings conference call to follow.
- News highlights suggest that quick commerce is a key driver for Eternal's future stock rerating, despite a recent 2.02% share price fall.
- The company's Mar 2026 quarter results showed strong profit growth (70.6% QoQ, 346.2% YoY), though this is not a weekly event.
What This Means
Eternal's stock experienced a modest decline this week, accompanied by lower trading volumes. Technical indicators suggest a weakening momentum, with the RSI and MACD histogram showing decreases. Upcoming events include the board meeting to approve Q1 FY27 results, which could influence future price movements. News indicates that the quick commerce segment is seen as a key driver for future growth, despite a recent dip in share price. Strong fundamental performance from the Mar 2026 quarter provides a backdrop, though it is not a weekly development.
Latest Quarter Info
For the period ending March 2026, the company reported revenue of 17292.0. This represents significant year-over-year growth of 196.5%, while quarter-over-quarter growth was a more modest 6.0%. Profitability trends show a substantial increase, with net profit at 174.0, up 346.2% year-over-year and 70.6% quarter-over-quarter. The operating margin stood at 3.0%, indicating relative stability in core operational efficiency. The mix of signals suggests strong underlying momentum, particularly when viewed over a longer timeframe, with recent quarterly performance also demonstrating positive trends in both top-line and bottom-line figures.