Eternal Ltd Shows Strong Trading Activity Amid Declining Investor Participation

Eternal Ltd, a prominent player in the E-Retail and E-Commerce sector, has emerged as one of the most active equities today, with a total traded volume of 6,540,209 shares and a total traded value of Rs 21,582.69 lakhs. The stock opened at Rs 327.55 and reached a day high of Rs 332.7, marking a new 52-week high of Rs 331.6. The last traded price (LTP) stands at Rs 331.95, reflecting a 1.78% increase for the day.
Eternal has shown strong performance, outperforming its sector by 1.33% and achieving a notable 5.59% return over the last five days, during which it has consistently gained. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

However, there has been a slight decline in investor participation, with delivery volume on September 4 falling by 0.59% compared to the 5-day average. Despite this, the stock remains liquid, with a trade size capacity of Rs 32.52 crore based on 2% of the 5-day average traded value. Overall, Eternal Ltd continues to demonstrate solid performance metrics within the large-cap market segment.