The Indian stock market witnessed selling pressure in Eternal, the parent company of Zomato, as the stock fell for the third consecutive session. The decline dragged Eternal share price today to a seven-month low, signalling growing caution among investors.
Over just three trading days, the stock has lost 12%, placing it firmly under the spotlight. Heavy volumes and underperformance versus the broader market highlighted the intensity of the sell-off.
Market Performance: Eternal Stock Trades Near Seven-Month Low
Selling pressure remained visible throughout Tuesday’s session.
During intra-day trade:
- Eternal share price today fell 3% to a low of ₹250.40 on the BSE
- The stock now trades at its lowest level since June 23, 2025
- Over the last three sessions, the stock is down 12%
- The price has declined 32% from its 52-week high of ₹368.40 touched on October 16, 2025
At 1:43 PM, Eternal was trading 2.9% lower at ₹251.15, while the BSE Sensex slipped just 0.09%, underlining the stock-specific weakness.
Trading activity remained elevated, with 80.99 million equity shares changing hands across the NSE and BSE combined.
Main News: Leadership Transition and Competitive Pressures in Focus
One of the key developments influencing sentiment is a change at the top.
Effective February 1, 2026:
- Deepinder Goyal will step down as Director, Managing Director & CEO
- Subject to shareholder approval, he will continue as Vice Chairman & Director
- Albinder Singh Dhindsa will take over as Group CEO
The leadership transition comes at a time when Eternal operates in highly competitive consumer-facing segments.
The company remains a market leader in:
- Food delivery
- Quick commerce
Both segments are large, fast-growing, and intensely competitive. Increased competition has been a recurring theme in recent market discussions around the stock, especially in quick commerce and food delivery.
Company Details: Eternal’s Business Landscape
Eternal has expanded rapidly over recent years through a mix of organic growth and selective acquisitions.
Key business segments include:
- Food delivery, a core platform business
- Quick commerce, a fast-scaling vertical
- Fintech-linked services, supporting the broader ecosystem
Despite strong scale, the company’s stock performance has come under pressure as competition has intensified across delivery platforms and quick commerce players.
The recent price action reflects how quickly sentiment can shift when leadership changes and competitive dynamics overlap.
Stock Snapshot: Eternal Price Levels at a Glance
- Current price (BSE): ₹253.85
- Day’s low: ₹250.50
- Day’s high: ₹261.15
- 52-week low: ₹189.60
- 52-week high: ₹368.45
The stock has now moved significantly away from its recent peak, bringing it closer to levels last seen in mid-2025.
Summary: Eternal Stock Under Pressure as Market Sentiment Turns Cautious
The sharp decline in Eternal stock price over the past three days highlights growing caution in the market. A 12% fall, heavy trading volumes, and a move to a seven-month low have brought the stock into focus.
Leadership changes, rising competition in food delivery and quick commerce, and broader sentiment shifts have all coincided in a short span. As a result, Eternal, the parent company of Zomato, has underperformed the broader Indian stock market in recent sessions.
The coming days will be closely watched as investors digest these developments and assess how the transition unfolds.
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