Eternal stock: On NSE, Eternal stock rises 4.25 percent to INR 317.40
Published on 10/23/2026 at 15:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and market position
- Motilal Oswal assigned an INR 420 target to Eternal on October 21, 2026.
- Eternal stock rose 4.25 percent to INR 317.40 on October 23, 2026.
- The NSE quote stood 7.84 percent below its INR 344.40 52-week high.
- Eternal's market capitalization was INR 2.9 trillion, with a P/E of 598.87.
Eternal (ISIN INE758T01015) stock stood at INR 317.40 on the NSE on October 23, 2026 at 3:28 p.m. IST, up INR 12.95, or 4.25 percent, from the prior close of INR 304.45. The latest broker view gives the share a separate valuation reference.
Motilal Oswal recommended a Buy rating and assigned a target of INR 420 in a research report dated October 21, 2026, according to Moneycontrol. That target is 32.33 percent above the October 23 NSE price, based on the same-currency comparison.
Target leaves room above the quote
The target matters because Eternal's current quotation is below the broker's valuation mark while the stock remains close to its annual high. The INR 344.40 52-week high is 7.84 percent above INR 317.40, while the INR 212.60 low is 49.25 percent below the latest price.
Trading activity was substantial at 55,089,521 shares on October 23, 2026. The market capitalization stood at INR 2.9 trillion, and the trailing P/E was 598.87, putting the target in the context of a demanding valuation.
September-quarter figures add a test
For the September quarter, Eternal reported revenue from operations of INR 24,138 crore, up 77.60 percent year over year from INR 13,590 crore, while net profit increased 92.30 percent to INR 125 crore from INR 65 crore. Those figures were reported for Q2 FY27 in a review by Fortune India dated October 21, 2026.
The same report said EBITDA reached INR 752 crore and the EBITDA margin improved to 3.10 percent from 1.80 percent a year earlier. Net profit nevertheless missed the reported average estimate of INR 271 crore, leaving execution and cost control as important tests for the valuation.
What the price position says
The stock's 4.25 percent rise on October 23, 2026 places the market response alongside the new INR 420 target rather than replacing it. The share remains 7.84 percent below its 52-week high, so the current quote has not yet matched its annual peak despite the latest daily advance.
Eternal operates food delivery, quick commerce, business-to-business supplies and going-out services under brands including Zomato, Blinkit, Hyperpure and District. The combination of rapid revenue growth, a high P/E and a target 32.33 percent above the latest quote leaves growth delivery and profitability as the central valuation questions.
Stock position and valuation
Eternal stock stood at INR 317.40 on the NSE on October 23, 2026 at 3:28 p.m. IST, up 4.25 percent versus the NSE prior close of INR 304.45. The 52-week range was INR 212.60 to INR 344.40, and market capitalization was INR 2.9 trillion.
Eternal stock facts
- Company: Eternal Limited
- ISIN: INE758T01015
- Ticker: ETERNAL.NS
- Primary exchange: NSE
- Price on NSE (as of October 23, 2026, 3:28 p.m. IST): INR 317.40
- Change versus NSE prior close: plus 4.25 percent
- NSE prior close: INR 304.45
- Market capitalization: INR 2.9 trillion (as of October 23, 2026)
- 52-week range: INR 212.60-INR 344.40 (as of October 23, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report BSE Sensex.
