Eternal Ltd Sees 27 Million Shares Traded Amid 4.05% Day Low

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 27,089,881 shares and a total traded value of approximately Rs 91,878.04 lakhs. The stock opened at Rs 340.00, reflecting a loss of 2.26% from the previous close of Rs 347.85. Throughout the trading session, it reached a day high of Rs 345.70 and a day low of Rs 333.75, marking a decline of 4.05% at its lowest point.
Despite its large market capitalization of Rs 3,36,442.00 crore, Eternal has underperformed its sector by 1.36% today, continuing a downward trend with a total decline of 4.23% over the last two days. Notably, the stock's performance is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day moving average.

Investor participation has seen a significant increase, with a delivery volume of 3.19 crore shares on October 16, up 147.36% compared to the 5-day average. The stock's liquidity remains robust, supporting trade sizes of Rs 26.24 crore based on 2% of the 5-day average traded value. Overall, Eternal Ltd's performance today reflects a challenging market environment, with notable trading activity amidst a backdrop of declining returns.