Eternal Ltd Surges in Market Valuation, Outpaces Competitors
Eternal Ltd's market valuation soared to Rs 3.26 lakh crore, surpassing companies like Hindustan Aeronautics and Titan in market capitalisation. The stock climbed 2.96% to Rs 337.90, marking its 52-week high. It ranked 22nd among the top 100 companies and gained 21.54% this year.
- Country:
- India
Eternal Ltd, the owner of Zomato and Blinkit brands, witnessed a remarkable increase in its market valuation, reaching Rs 3.26 lakh crore. This surge propelled the company ahead of major players like Hindustan Aeronautics and Titan in the market capitalisation rankings.
The company's stock saw a 2.96% rise, settling at Rs 337.90 on the BSE, after reaching a 52-week high of Rs 338.65 during the day's trading. This marks the fourth consecutive day of rallying, with an overall increase of 5.11% over this period.
With these advancements, Eternal Ltd now holds the 22nd position in the top 100 companies by market capitalisation, surpassing several key competitors. The stock's performance has been notable, registering a 21.54% growth since the beginning of the year.
(With inputs from agencies.)
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