Eternal shares hit record, lifting IPO gains to 375%
In short
Eternal shares touched a record ₹372 on Wednesday and ended 1% lower at ₹361. That means IPO investors are up about 375% from the ₹76 issue price. The stock has also gained 30% this year and bounced 71% from its March low.
The rise reflects better profits and stronger growth in Blinkit, which has helped support the stock.
What the reporting says
Eternal shares hit a record ₹372 on Wednesday before closing 1% lower at ₹361, lifting IPO investors’ gains to about 375%. The stock is up 30% this year and has rebounded 71% from its March low, helped by improving profitability and growth in Blinkit. The move extends a sharp rally from the company’s ₹76 IPO price.
Why it matters
Eternal’s share price rose to a record ₹372 on Wednesday and closed at ₹361, leaving IPO investors with about 375% gains from the ₹76 issue price. The stock is also up 30% this year and 71% from its March low. The publisher-linked summary says improving profitability and Blinkit growth supported the rally, which matters for shareholders and market sentiment around the company.