Eternal Ltd Stock Declines for Second Consecutive Day, Underperforming Sector

Eternal, a prominent player in the E-Retail and E-Commerce sector, has shown notable activity today, underperforming the sector by 0.78%. The stock has experienced a consecutive decline over the past two days, resulting in a total drop of 0.9% during this period. Trading at a consistent price of 326, it remains above its 50-day, 100-day, and 200-day moving averages, yet falls short of its 5-day and 20-day moving averages.
With a market capitalization of Rs 3,16,966.00 crore, Eternal's price-to-earnings (P/E) ratio stands at an elevated 1060.09, significantly higher than the industry average of 26.92. Over the past year, the stock has delivered a performance of 19.44%, contrasting with the Sensex's decline of 0.46%. In the shorter term, Eternal's performance over the last month has been slightly negative at -0.15%, while it has shown a robust 25.82% increase over the past three months, outperforming the Sensex, which fell by 2.54% during the same timeframe.