Eternal block deal: A big block deal is going to happen in Zomato and Blinkit’s parent company Eternal on Monday, December 8. In this, an institutional investor can sell up to 0.5% of his stake. This information has been given by CNBC-TV18 quoting sources.
The size of this deal is estimated to be around ₹1,500 crore. The floor price per share has been fixed at ₹289.5. This is at a discount of 0.77% from the current market price.
Big block deals happened in the last months also
Eternal had two large block deals in stock in mid-November. In this, about 90 lakh shares were bought and sold, the total value of which was ₹ 279.25 crore.
Even in mid-June, around 60.93 lakh shares (0.06% of total equity) were changed hands. The average transaction price at that time was ₹256 per share and the total deal value was approximately ₹156 crore.
Eternal’s September quarter results
Eternal’s consolidated net profit fell 63.07% to ₹65 crore in the September quarter (Q2 FY26). However, revenue grew by more than 183% to ₹13,590 crore. This growth was mainly due to the quick commerce business.
Eternal’s stock situation
Shares of Eternal closed 1.35% lower at ₹291.75 on the NSE on Friday. The stock has weakened by about 1% over the past year. However, in the last 6 months it has given a return of 13.59%. This year i.e. in 2025 also the stock has increased by 5.52%. Its market cap is Rs 2.65 lakh crore.
What is Eternal’s business?
Eternal is an Indian tech company, which runs many popular online platforms. It delivers food through Zomato. Through Blinkit, groceries and essential items are delivered in 10-20 minutes. Provides fresh supplies to restaurants daily through Hyperpure. Provides logistics and other tech services through the district.
Its business is based on the entire consumer internet sector. Where a large number of orders, low margins and a fast-scale model are the mainstays of the company’s earnings.