Eternal Ltd Sees High Trading Volume 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 12,245,768 shares and a total traded value of approximately Rs 30,744.23 lakhs. The stock opened at Rs 247.99 and reached a day's high of Rs 254.8, reflecting a 2.57% increase from its previous close of Rs 248.41. Currently, the last traded price stands at Rs 251.76.
In terms of performance, Eternal Ltd has outperformed its sector by 2.67% and has shown a consecutive gain over the last two days, yielding a total return of 2.12% during this period. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, it is noteworthy that investor participation has seen a decline, with delivery volume on June 18 falling by 42.35% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 12.45 crore, based on 2% of the 5-day average traded value. Overall, Eternal Ltd's performance today reflects a robust position in the market, characterized by significant trading activity and positive returns.