Rs 1,500 Cr Eternal Block Deal by Institutional Investor Set for Dec 8

• Institutional investor to sell up to 0.5% equity in Eternal via a block deal on December 8.
• The transaction is estimated at up to Rs 1,500 crore, with a floor price of Rs 289.5 per share.
• Eternal is the parent company of Zomato, Blinkit, District, and Hyperpure.
• For Q2 FY26, Eternal reported a 63.07% drop in consolidated net profit, despite a 183% surge in revenue.

Why It Matters: This large investor sale in Eternal could impact its stock price and market sentiment.