Eternal Ltd Sees High Trading Volume Amid Decreased 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 5,710,039 shares and a total traded value of approximately Rs 182.06 crores. The stock opened at Rs 317.30 and reached a day high of Rs 320.70, while the day low was recorded at Rs 317.00. As of the latest update, the last traded price stands at Rs 319.10, reflecting a slight decline of 0.17% for the day.
Eternal's performance is noteworthy as it remains close to its 52-week high, just 3.97% away from Rs 331.35. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. However, there has been a notable decrease in investor participation, with delivery volume on August 25 dropping by 46.08% compared to the 5-day average.

With a market capitalization of Rs 3,08,618 crores, Eternal Ltd continues to maintain a liquid trading environment, suitable for transactions up to Rs 21.18 crores based on recent trading metrics. Overall, the stock's activity today reflects a stable position within its sector, despite the recent decline in delivery volume.