Zomato Shares Worth Rs. 279.25 Crores Change Hands in Significant NSE Block Deals

Eternal , the popular food delivery platform, witnessed substantial market activity as two significant block trades were executed on the National Stock Exchange (NSE). These transactions, involving a total of approximately 9 million shares, underscore the continued interest in the company's stock among institutional investors.

Block Trade Details

The block deals can be summarized as follows:

Transaction	Number of Shares	Total Value (Rs. Crores)	Price per Share (Rs.)
First Deal	2,494,135	77.47	310.60
Second Deal	6,512,173	201.78	309.85
Total	9,006,308	279.25	(Weighted Avg.)

Transaction Breakdown

First Block Trade

Involved 2,494,135 shares
Valued at Rs. 77.47 crores
Executed at Rs. 310.60 per share

Second Block Trade

Larger transaction involving 6,512,173 shares
Total value of Rs. 201.78 crores
Traded at Rs. 309.85 per share

The combined transactions amounted to 9,006,308 shares, with a total value of Rs. 279.25 crores.

Market Implications

These substantial block trades suggest significant institutional interest in Eternal's stock. Such large-volume transactions often indicate a shift in ownership among major shareholders or institutional investors. While the identities of the buyers and sellers remain undisclosed, these deals may potentially impact the stock's trading pattern and investor sentiment in the short term.

It's worth noting that block deals of this magnitude are typically pre-arranged transactions between two parties and are executed separately from the regular trading session to avoid significant price impacts on the broader market.

Investors and market analysts will likely keep a close eye on Eternal's stock performance in the coming days to gauge any potential effects of these large trades on the company's market valuation and trading volumes.

As always, individual investors are advised to conduct their own research and consider their investment goals before making any decisions based on this market activity.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.61%	-0.59%	-10.69%	+31.30%	+13.17%	+139.64%

A significant block trade in Eternal shares was executed on the National Stock Exchange (NSE), marking a notable institutional trading activity for the food delivery giant. The transaction involved approximately 3,006,425 shares of Eternal, traded at a price of Rs. 305.35 per share.

Transaction Details

Aspect	Details
Number of Shares	3,006,425
Price per Share	Rs. 305.35
Total Transaction Value	Rs. 91.80 crores

This substantial trade underscores continued institutional interest in Eternal's stock, which has been a focal point for investors since its high-profile initial public offering (IPO) in 2021.

Market Implications

Block trades of this magnitude often attract attention from market participants as they can potentially signal shifts in institutional holdings or investor sentiment. While the identity of the parties involved in this transaction remains undisclosed, such trades are typically executed by large institutional investors, including mutual funds, pension funds, or other significant market players.

The execution of this block trade at Rs. 305.35 per share provides a reference point for Eternal's current market valuation. Investors and analysts may closely monitor the stock's performance in the coming days to gauge any potential impact on market sentiment or trading patterns following this substantial transaction.

As the food delivery sector continues to evolve in India, Eternal's stock movements and large-scale trades like this one remain of interest to both retail and institutional investors tracking the company's performance and market position.