Eternal's IPO investors sitting on 375% gains as stock hits new record high; from ₹76 price to ₹361, what changed?
Eternal is in focus in an ipo & listings development.
· LiveMint Markets
Eternal shares hit a record ₹372 on Wednesday before closing 1% lower at ₹361. The stock has gained 30% so far this year and rebounded 71% from its March low, supported by improving profitability and growth in Blinkit.
The analysis
Eternal reported ₹76, ₹361, and ₹372, with movement of 1%, 30% and 71% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.7% on the day at ₹361.10, and has returned +13.6% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The hotels & restaurants sector has moved +0.1% over the same period, so Eternal is running 13.5 points ahead of its peers.
For Eternal, the question is how much of this is already reflected in the price and how much re-rates the hotels & restaurants peer set alongside it.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- In focus: Eternal (Blinkit) (ETERNAL), in Hotels & Restaurants.
- Over three months: Eternal (Blinkit) +13.6% against Hotels & Restaurants +0.1% (13.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Eternal (Blinkit)ETERNAL · Hotels & Restaurants | ₹361.10 | -0.7% | +11.6% | +13.6% | -0.9% | 1.0× | — |
Hotels & Restaurants
1M +6.1% · 3M +0.1%
Eternal (Blinkit)
Prices as of 11 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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