Eternal (ETERNAL) Weekly Analysis
Price & Volume
The stock price rose by 2.1% this week, maintaining an upward trend. It closed at 255.85, which is 2.51% above its 50-day moving average. This average represents the typical closing price over the last 50 trading days. The stock is currently trading 3.53% below its 200-day moving average.
Technicals
The stock price closed at 255.85 this week, reflecting a 2.1% increase. The Relative Strength Index (RSI), which measures the speed and change of price movements, is at 56.7, indicating moderate upward momentum. The Moving Average Convergence Divergence (MACD), a tool used to identify trend direction and momentum, shows the MACD line above the signal line, suggesting positive momentum. The Bollinger Band width, which tracks price volatility, is at 8.96%, showing a contraction in price fluctuations. Overall, the technical regime is characterized by a mix of moderate momentum and narrowing volatility.
Fundamentals
Eternal reported a significant increase in net profit for the Mar 2026 quarter, up 70.6% QoQ and an impressive 346.2% YoY. Revenue also saw strong growth, rising 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 to assess longer-term trends. The current valuation stands at 93.3x Price-to-Earnings (PE) and 6.7x Price-to-Book (PB).
News
During the week of June 1, 2026, to June 5, 2026, Eternal experienced positive market attention as it was included in Axis Securities' June buy list and identified as one of six Nifty500 stocks exhibiting a bullish RSI upswing on June 4. These developments occurred against a broader market backdrop where analysts debated the long-term growth potential of the Indian IT sector amid evolving AI adoption and shifting capital market trends. While some research firms highlighted potential headwinds for FY27 earnings due to commodity prices and geopolitical tensions, specific technical indicators suggested strengthening momentum for Eternal. The company's inclusion in brokerage recommendations and positive technical signals marked the primary developments for the stock during this period.
Events
The provided source URL for the BSE Ltd. corporate announcement is currently inactive and redirects to a generic error page, preventing the retrieval of specific event details.
Eternal Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, confirming full adherence to all applicable SEBI regulations and corporate governance standards.
Eternal Limited (formerly Zomato Limited) released its monitoring agency report for the quarter ended March 31, 2026, confirming that the utilization of proceeds from its qualified institutions placement remains in line with the stated objects of the issue with no deviations observed.
Eternal Limited approved its financial results for the year ended March 31, 2026, and entered into an agreement to transfer its District platform technology stack and identified employees to its subsidiary, Wasteland Entertainment Private Limited, for ₹24.19 crore.
The provided source URL for the BSE Ltd. corporate announcement is currently unavailable, preventing the extraction of specific event details for shareholders.
Zomato reported a sharp YoY increase in Adjusted Revenue for Q4FY26, driven by the transition to a 1P model in quick commerce. The company highlighted its focus on physical infrastructure and operational reliability as a competitive moat, while targeting a $1 billion Adjusted EBITDA milestone by FY29.
Eternal Ltd hosted its Q4 FY2025-26 earnings conference call to discuss the company's financial performance and operational results for the period.
Eternal Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, confirming full adherence to all applicable SEBI regulations and corporate governance standards.
Eternal Limited (formerly Zomato Limited) released its monitoring agency report for the quarter ended March 31, 2026, confirming that the utilization of proceeds from its qualified institutions placement remains in line with the stated objects of the issue with no deviations observed.
Eternal Limited approved its financial results for the year ended March 31, 2026, and entered into an agreement to transfer its District platform technology stack and identified employees to its subsidiary, Wasteland Entertainment Private Limited, for ₹24.19 crore.
The provided source URL for the BSE Ltd. corporate announcement is currently unavailable, preventing the extraction of specific event details for shareholders.
Zomato reported a sharp YoY increase in Adjusted Revenue for Q4FY26, driven by the transition to a 1P model in quick commerce. The company highlighted its focus on physical infrastructure and operational reliability as a competitive moat, while targeting a $1 billion Adjusted EBITDA milestone by FY29.
Eternal Ltd hosted its Q4 FY2025-26 earnings conference call to discuss the company's financial performance and operational results for the period.
Weekly Snapshot
Highlights
- The stock rose by 2.1% this week, marking a three-week positive streak and maintaining an upward trend.
- Technical momentum remains positive as the RSI reached 56.7, reflecting increased buying pressure.
- Eternal was included in the Axis Securities buy list for June, contributing to positive market sentiment.
- The company filed its Annual Secretarial Compliance Report for FY2026, confirming full adherence to regulatory standards.
- Trading volume declined by 12.08% compared to the previous week, indicating lower activity despite the price gain.
What This Means
The stock is currently in a consolidation phase characterized by improving momentum and compressed volatility. While the price remains above its 50-day moving average, the divergence between short-term and medium-term moving averages suggests a lack of unified trend direction. The recent inclusion in brokerage buy lists and positive technical signals like the RSI upswing have supported the current three-week positive streak.
Latest Quarter Info
For the period ending March 2026, the company reported revenue of 17,292.0. This represents significant year-over-year growth of 196.5%, alongside a more moderate quarter-over-quarter increase of 6.0%. Profitability trends show a substantial uplift, with net profit reaching 174.0. Both net profit and EPS have seen considerable increases both quarter-over-quarter (70.6% and 63.6% respectively) and year-over-year (346.2% and 350.0% respectively). The operating margin stood at 3.0%, indicating stability in core operational profitability despite revenue expansion. The mix of QoQ and YoY signals suggests strong underlying momentum and a positive trajectory compared to both the previous quarter and the prior year.