Eternal Block Deal: Goldum Sachs SS SH. 355 crore shares, as Bofa Securities Steps in Bayer

Goldem Sachs on Friday sold for Rs 355.32 crore in shares of food delivery and Quick Commerce Company Internal Limited at Rs 355.32 crore, where the buyer was Bofa Securities. Shares were sold at a price of Rs 329 on Wednesday.

Today, the eternal stock closed at Rs 328.20 on the NSE, which is sliding at 0.80 or 0.24% than the previous closed price.

On September 22, the eternal stocks paid their all-time high. Hit 343.90. Eternal shares are currently Rs 119.3 and Rs. Trade above 259.3.

Trendlin data indicates that the rally has come between high volatility with a 1-year beta of 1.3. The stock has a 20% return over a period of 1 year, with headline indicators Nifty and BSE Sensex, with a negative return of 3%.

Recently, international brokerage HSBC has reconsidered its ‘by’ C CALL on Eternal, which has raised its target price from Rs 390 to Rs 390 per share, citing clear scale and profitability leadership in both food distribution and fast commerce.

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Eternal, which integrates zomato and blinkit, continues to move on rival Swiggy on both operational and financial matrix. In rapid commerce, the net order value of the blinket (November) has increased 125% annually in Q1 FY26, which is far ahead of Swiggy’s Instamart, which has increased 75%.

Eternal (previously Zomato) recently reached another landmark on its market journey, surpassing Tata Motors and Titan into market capitalization. Tata Motors Rs. 1.6363 lakh crore and Rs. The market value of the company above 3.06 crore is now Rs.1.16 lakh crore.

In the same quarter last year, Rs. The food delivery company declined by 90% (YoY) unified for Q1FY26, compared to 253 crores. The revenue from 7,167 crore operations, which increased from Rs 4,206 crore to Rs 4,206 crore a year ago.

The sharp reduction in profit was due to constant investment in the fast commerce segment and the forward investment.

The company has also jumped 15% Yoy in its Q1FY26 costs 2,137 crore, mainly under the head like ‘Delivery and Related Charge’ and ‘Advertising and Sales Promotion’.

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