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Eternal Stock Plummets for Eighth Consecutive Day, Longest Losing Streak in Four Years
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Eternal Shares Plummet for 8th Day, Longest Losing Streak in Four Years
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CNBC TV18
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26-02-2026, 10:16
Eternal Shares Plummet for 8th Day, Longest Losing Streak in Four Years
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Eternal Ltd. shares fell for the eighth consecutive day, marking its longest losing streak in four years.
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The decline followed a block deal where 9.7 crore shares (1% equity) worth ₹2,403 crore changed hands.
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This losing streak has seen the stock drop 13%, reaching its lowest level since June 2025.
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Bernstein maintains an "outperform" rating on Eternal with a ₹370 price target, citing strong quick commerce fundamentals.
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Despite the fall, 30 out of 33 analysts recommend a "buy" rating for Eternal.
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