Eternal Ltd, previously known as Zomato, faced a decline of over 3% in its shares on Thursday, August 7, after witnessing a block deal worth ₹5,624 Crore on the bourses.
As per the reports, about 9.2 Crore shares or 1.99% of Eternal’s total outstanding equity were exchanged through the block deal.
The transaction took place at ₹293 per share. This was nearly 2% lower than the previous session’s closing price. The company’s total equity worth ₹5,624 crore changed hands.
However, later in the afternoon, these shares reversed the losses.
At around 2.46 PM, Eternal was trading 0.18% lower at ₹298.30, against the previous close of ₹298.85 on NSE. The counter touched an intraday high and low of ₹302.80, and ₹288.40, respectively.
The reports further highlighted that Antfin have sold off its entire holding in Eternal Limited, the parent of Zomato. The aggregate value of shares sold by Antfin is ₹5,375 Crore.
As of June 2025, Antfin Singapore held about 1.95% stake in Eternal Limited, as per the data available with the exchanges.
In its results for the quarter ended June 2025, Eternal posted a 70% increase in its revenue. Its quick delivery platform Blinkit witnessed a 127% increase in net order value to ₹9,203 Crore.
For feedback and suggestions, write to us at editorial@iiflcapital.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.