Delivery Tech Stocks Soar: Eternal, Swiggy Hit Multi-Week Highs on AI, MF Holdings

• Eternal shares surged over 6% to a 12-week high of Rs 307.45, while Swiggy rose more than 5% to a nearly one-month high of Rs 350.95.
• Eternal launched an AI-powered hotline [phone]) to streamline the onboarding process for delivery partners, enabling quick background verification via WhatsApp.
• Domestic mutual funds significantly increased their holdings in new-age companies, with investments doubling to Rs 1.77 lakh crore by the end of 2025.
• Eternal accounted for over 40% of mutual fund holdings in new-age companies, and funds were major buyers in Swiggy's Rs 10,000-crore share sale.
• Both Eternal and Swiggy saw substantial block deals, with 1.19 crore Eternal shares and over 21.60 lakh Swiggy shares changing hands, further boosting their stock prices.