Eternal Ltd Sees Surge in Trading Volume Amidst Market Challenges

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 89,147,299 shares and a total traded value of approximately Rs 203.41 lakhs. The stock opened at Rs 232.80 and reached a day high of Rs 232.80, while the day low was recorded at Rs 225.65. As of the last update, the last traded price (LTP) stands at Rs 226.65.
Despite its active trading, Eternal has faced challenges, experiencing a consecutive decline over the past two days, resulting in a total return of -5.44% during this period. The stock's performance today aligns closely with the sector, which saw a 1D return of -0.65%, while the Sensex recorded a similar decline of -0.68%.

Notably, the stock's delivery volume surged to 5.49 crore on May 26, marking a significant increase of 215.36% compared to the five-day average delivery volume, indicating rising investor participation. Additionally, the stock remains liquid enough for a trade size of Rs 24.44 crore, based on 2% of the five-day average traded value.

In summary, while Eternal Ltd has shown notable trading activity, it continues to navigate a challenging market environment.