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Eternal shares fall for eighth straight day, longest losing streak in four yearsThe last instance Eternal's shares declining for eight days at a stretch was between April 27 to May 10, 2022, when the stock had declined for nine days in a row.By Hormaz Fatakia   February 26, 2026, 10:16:20 AM IST (Published)2 Min ReadShares of Eternal Ltd., parent company of food delivery and quick commerce operators Zomato and Blinkit, are down for the eighth day in a row on Thursday, February 26, having given up early gains after a block deal that took place in the stock.

As many as 9.7 crore shares of Eternal, or 1% of its outstanding equity has changed hands in this transaction. Shares changed hands at an average price of ₹247.75, which takes the total transaction value to ₹2,403 crore.

The last instance of the stock declining for eight days at a stretch was between April 27 to May 10, 2022, when the stock had declined for nine days in a row.

Buyers and sellers in the block deal that took place in Eternal are not officially known yet.

In a note on Wednesday, brokerage firm Bernstein said that it remains constructive on the Indian Quick Commerce space based on its fundamentals, as it offers a good anti-AI investment se, but may require some stomach to absorb narrative-based volatility over the next few quarters.

The brokerage had maintained its "outperform" rating on Eternal with a price target of ₹370.

33 analysts have coverage on Eternal, where 30 of them have a "buy" rating and the rest have a "sell" rating.

Shares of Eternal are currently fluctuating between gains and losses, currently trading 0.2% lower at ₹249.6. The stock is now down to the lowest level since June 2025 after this eight-day losing streak, during which it has declined 13%.Continue ReadingTagsshare market todayZomatoZomato Share Price