Eternal Share Price Analyzed

Eternal’s stock price dropped significantly today, falling by 5% to ₹285.70. This is a concerning trend, especially after previous declines in April and May. The overall market reaction, with the BSE Sensex also down 0.55%, indicates broader investor nervousness.

Key Points

• Eternal’s stock dropped 5% to ₹285.70 on Tuesday.
• This marks a 23% drop from the stock’s highest point this year.
• New labor laws will impact companies like Eternal and Swiggy.
• Companies may add fees to offset increased worker benefits.
• GST changes could boost demand for Blinkit’s services.
• Investor concern is reflected in a broader market decline.

The stock’s recent performance is worrying, having fallen by 5% and then another 5.3% and 10% previously. It’s now down 23% from its peak this year. This drop coincided with a wider downturn in the market, demonstrating that investor confidence is waning.

New government rules about workers’ rights are adding to the pressure. Companies like Eternal and Swiggy will now need to contribute to a fund to help gig workers. This means higher costs for these businesses.

Experts believe companies may respond by increasing fees on their platforms – think higher charges for using Zomato or Swiggy. Estimates suggest a potential increase of ₹3.2 per order for food delivery and ₹2.4 per order for quick commerce services.

Good news for Blinkit, thanks to lower GST rates. These changes could lead to more customers using their services. However, Blinkit experienced a slowdown in sales in Q2FY26 as customers waited before making purchases.

Analysts note that Eternal, like other platform businesses, faces challenges with rising competition and rapid expansion. These issues can make it harder for the company to maintain its profits.

Ultimately, Eternal’s future depends on how it adapts to these evolving market forces.