Eternal shares witnessed a strong jump in early trading today, January 13, reflecting renewed interest from investors amid key updates in its shareholding structure. The stock rose sharply to near one-month highs, highlighting its growing appeal in the current stock market landscape.
Market Performance Today
The stock market opened on a mixed note, but Eternal emerged as one of the top movers on both the Sensex and Nifty indices.
- Eternal share price (January 13, 2026): Rs 297.30
- Intraday movement: Up over 4%
- Recent trend: Gained more than 4% in the past five trading sessions
- One-month performance: Up 8% despite minor corrections
Eternal’s strong performance today underscores investor focus on corporate fundamentals and strategic shareholding updates.
Key Update: Foreign Headroom Expansion
Eternal’s latest shareholding pattern for the October–December quarter of FY26 shows a notable increase in foreign headroom.
- Current foreign headroom: Above 25%
- Previous headroom: Lower, limiting certain foreign investments
- Market impact: The expansion makes the stock eligible for full inclusion in the MSCI index, potentially driving higher liquidity
This increase in foreign investment capacity has played a major role in the stock’s momentum today, with investors responding positively to the news.
Eternal Company Snapshot
Eternal is a leading player in the Zomato-parent ecosystem, with a strong presence in domestic and international markets. Its consistent performance and strategic shareholding adjustments keep it under close watch in the stock market today.
Financial Highlights (Recent Snapshot)
- Market Capitalization: Rs 2.83 lakh crore
- Price-to-Earnings (P/E) Ratio: 1,464
- Recent price movement: Corrected ~2% in the past month, gained ~8% overall
These figures reflect the stock’s resilience and market positioning amid short-term fluctuations.
Summary
Eternal’s share price surge today is primarily driven by the company’s increased foreign headroom, positioning it for potential full MSCI index inclusion. The stock’s performance over the past month and recent trading sessions underscores its growing significance in India’s stock market today.
Investors tracking market trends and large-cap movements will likely continue to monitor Eternal closely as it navigates liquidity expansion and index-related developments.
Source: Moneycontrol
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