Intraday Trading Highlights
On the trading day, Eternal Ltd opened with a significant gap-up of 5.78%, signalling strong buying interest from the outset. The stock maintained upward momentum throughout the session, eventually touching its peak at Rs 298.5. This intraday high represents a 9.46% gain relative to the prior closing price, underscoring a pronounced positive shift in market sentiment towards the company’s shares.
The day’s price movement also saw Eternal Ltd outperform its sector benchmark, the E-Retail/ E-Commerce industry, by 1.9%. While the broader IT - Software sector gained 2.47%, Eternal Ltd’s advance of 5.26% on the day was notably stronger, highlighting its relative strength amid sectoral gains.
Furthermore, the stock has recorded consecutive gains over the last two trading days, accumulating a 6.04% return in this period. This short-term upward trend adds to the stock’s positive technical profile.
Technical Positioning and Moving Averages
From a technical standpoint, Eternal Ltd’s current price level is above its 5-day and 20-day moving averages, indicating recent bullish momentum. However, it remains below the 50-day, 100-day, and 200-day moving averages, suggesting that while short-term sentiment is positive, longer-term trends have yet to fully align with the recent gains.
This positioning may reflect a transitional phase where the stock is attempting to break through resistance levels represented by the longer-term averages.
Our latest monthly pick, this Small Cap from Oil Exploration/Refineries, is showing strong performance since announcement! See why our Investment Committee chose it after screening 50+ candidates.
- - Investment Committee approved
- - 50+ candidates screened
- - Strong post-announcement performance
Market Context and Comparative Performance
On the same day, the Sensex index experienced a volatile session. After opening 3,656.74 points higher, it retraced sharply by 1,519.75 points to close at 83,803.45, down 2.62% from its peak. Despite this, the Sensex remains close to its 52-week high, just 2.81% shy of 86,159.02.
In comparison, Eternal Ltd’s 4.42% gain on the day significantly outpaced the Sensex’s 2.61% rise, reinforcing the stock’s relative strength amid broader market fluctuations. Over longer periods, Eternal Ltd has demonstrated mixed performance relative to the Sensex:
- One week: +12.31% vs Sensex +2.37%
- One month: +0.21% vs Sensex -2.29%
- Three months: -11.69% vs Sensex -0.22%
- One year: +19.52% vs Sensex +8.56%
- Year to date: +2.45% vs Sensex -1.67%
- Three years: +483.50% vs Sensex +37.73%
This data illustrates Eternal Ltd’s capacity for strong gains over certain time frames, particularly in the short to medium term, despite some periods of underperformance.
Mojo Score and Rating Update
Eternal Ltd currently holds a Mojo Score of 31.0, categorised under a Sell grade. This represents a downgrade from its previous Hold rating, effective from 23 Oct 2025. The company’s Market Cap Grade stands at 1, indicating a relatively modest market capitalisation within its sector.
These metrics provide a quantitative assessment of the stock’s quality and market standing, reflecting cautious sentiment despite the recent price surge.
Holding Eternal Ltd from E-Retail/ E-Commerce? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Sector and Broader Market Dynamics
The E-Retail/ E-Commerce sector, in which Eternal Ltd operates, has shown resilience with the IT - Software sector gaining 2.47% on the day. Eternal Ltd’s outperformance within this sector highlights its distinct trading activity relative to peers.
Meanwhile, the broader market’s mixed performance, with mega-cap stocks leading gains and the Sensex trading below its 50-day moving average, suggests a cautious environment where select stocks like Eternal Ltd are attracting focused attention.
Summary of Trading Action
In summary, Eternal Ltd’s strong intraday performance on 3 Feb 2026 was characterised by a significant gap-up opening, sustained buying interest, and a peak price of Rs 298.5, representing a 9.46% increase. The stock’s gains outpaced both its sector and the broader market indices, supported by positive short-term technical indicators.
Despite a Sell grade and a modest market cap rating, the stock’s recent price action reflects notable momentum within the E-Retail/ E-Commerce sector on this trading day.
Unlock special upgrade rates for a limited period. Start Saving Now →
