Eternal shares swing after ₹1,535 crore block deal

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CNBC TV18•08-12-2025, 09:51
Eternal shares swing after ₹1,535 crore block deal
- •A major block deal in Eternal on Monday, December 8, saw 5.3 crore shares (0.54% equity) change hands for ₹1,535 crore.
- •Shares were traded at an average price of ₹290.4 per share; the buyers and sellers are currently unknown.
- •Eternal, the parent company of Zomato and Blinkit, experienced share fluctuations between gains and losses after the block deal.
- •This transaction follows earlier block deals in mid-November and mid-June involving Eternal shares.
- •Eternal's Q2 FY26 consolidated net profit fell 63.07% to ₹65 crore, despite a 183% surge in revenue.
Why It Matters: A large block deal signals potential shifts in Eternal's stock value.
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