Eternal Ltd Surges in Trading Activity, Signaling Strong Market Confidence in E-Commerce Sector

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 12,090,821 shares and a total traded value of approximately Rs 39.30 crore. The stock opened at Rs 322.40 and reached a new 52-week high of Rs 327.50 during the trading session, before settling at a last traded price of Rs 325.75.
Eternal has shown strong performance indicators, outperforming its sector by 0.93% today. Over the past two days, the stock has gained 3.22%, reflecting a positive trend. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward momentum.

Investor participation has also increased, with a delivery volume of 2.2 crore shares on August 19, marking a rise of 3.24% against the 5-day average delivery volume. The stock's liquidity remains favorable, with a trade size of Rs 22.57 crore based on 2% of the 5-day average traded value.

In summary, Eternal Ltd has demonstrated notable activity and positive performance metrics, reinforcing its position in the large-cap market with a current market capitalization of Rs 3,10,162 crore.