Eternal Stock Declines 1.97% Over Two Days, Underperforming E-Retail Sector

Eternal, a prominent player in the E-Retail and E-Commerce sector, has shown notable activity today, underperforming the sector by 0.61%. The stock has experienced a consecutive decline over the past two days, resulting in a total drop of 1.97%. It opened at Rs 328 and has maintained this price throughout the trading session.
In terms of moving averages, Eternal's stock is currently positioned higher than its 100-day and 200-day moving averages, yet it falls below the 5-day, 20-day, and 50-day averages. This indicates a mixed short-term performance relative to longer-term trends.

Eternal's market capitalization stands at Rs 3,19,108.00 crore, categorizing it as a large-cap stock. The company's price-to-earnings (P/E) ratio is significantly higher at 1697.38 compared to the industry average of 27.76, suggesting a premium valuation relative to its peers.

Over the past year, Eternal has delivered a robust performance of 33.43%, notably outperforming the Sensex, which has gained 6.04%. However, its recent one-day performance shows a slight decline of 0.36%, compared to the Sensex's decrease of 0.26%.