Eternal Shares Plummet for 10th Day, Bernstein Calls it a 'Good Buying Opportunity'

• Eternal Ltd. shares experienced their longest losing streak, falling for 10 consecutive trading sessions, a 15.5% decline.
• Brokerage firm Bernstein maintains an "outperform" rating on Eternal with a price target of ₹370, suggesting a 50% upside.
• Bernstein attributes the recent 20% price correction to competitive intensity, slowing quality control growth, and AI questions.
• The firm views the correction as a favorable buying opportunity for a 12-18 month period, with key risks already priced in.
• Despite potential near-term volatility, 30 out of 33 analysts have a "buy" rating on Eternal.