Eternal Ltd Shares Extend Slide, Down 3% as Profit-Taking Persists After Q2 Results

Mumbai, October 23, 2025 – Shares of Eternal Limited (NSE: ETERNAL, formerly Zomato Ltd) fell during Thursday afternoon’s trade, continuing its downward rally for the third straight trading session. The shares slipped 3.18% to ₹327.35. The decline came after the company announced that it had sustained profit booking after the Q2 FY26 results.

Market Snapshot

As of October 23, 2025, 3:14 pm, shares of ETERNAL LIMITED (INE758T01015) were trading at ₹328.45, down by 2.85%, or 9.65 points. The shares of the company have had a rough trading pattern so far, with total traded volume and traded value standing at 485.81 lakh shares and ₹1,612.16 crore, respectively. The total market cap for the company stood at ₹3,16,724.51 crore, with a higher sell quantity of 24,80,466 shares compared to a buy quantity of 21,97,701 shares.

The Q2 FY26 Results

The shares fell after Eternal announced its Q2 FY26 results. The results showed a 63% year-on-year fall in consolidated profit to ₹65 crore, despite a 183% surge in revenue to ₹13,590 crore. The shares of the company enjoyed a sharply upward rally during the first half of October, but after the results, they faced pressure as traders locked in gains. However, despite the recent downward rally, Eternal remains up over 65% year-to-date, outperforming the Nifty 50 index. The positive outcomes are supported by continued optimism around its Blinkit (Quick Commerce) and food delivery businesses.

Company Overview

Eternal Limited is a leading technology-driven e-commerce company and is headquartered in Gurugram, India. The company was formerly known as Zomato Limited and operates through several key platforms, including Zomato for food delivery, Blinkit for quick-commerce, District for event ticketing, and Hyperpure for B2B food supplies. The company is listed on the NSE under the ticker symbol ETERNAL (INE758T01015) and is a constituent of the NIFTY 50 index.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations