Eternal Ltd Shows Strong Trading Activity Amid Declining Investor Participation

Eternal Ltd, a prominent player in the E-Retail and E-Commerce sector, has shown significant trading activity today. The stock, trading under the symbol ETERNAL, recorded a total traded volume of 11,692,950 shares, with a total traded value of approximately Rs 38,075.75 lakhs. The stock opened at Rs 325.1 and reached a day high of Rs 328.75, while the day low was Rs 323.5. As of the latest update, the last traded price (LTP) stands at Rs 324.8.
Eternal Ltd is currently close to its 52-week high, just 2.16% away from Rs 331.35. The stock has outperformed its sector by 0.82% today and has shown a consistent upward trend, gaining 3.31% over the last three days. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks.

However, there has been a notable decline in investor participation, with delivery volume on September 2 falling by 65.01% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 82.6 crore, based on 2% of the 5-day average traded value. Overall, Eternal Ltd continues to demonstrate robust performance metrics within the large-cap segment of the market.