Eternal (
ETERNAL) has been on a remarkable journey, transforming its financials and catching the eye of institutional investors. Despite a slight dip today, its impressive growth and unique shareholding structure raise a critical question: Is this just the beginning, or has the market overvalued its potential? Let's dive in.
Current Snapshot:
Price: ₹306.55 (-0.24% today)
Market Cap: ₹2,95,832 Cr (Significant player)
Key Question: Sustained growth phase or overbought?
Shareholding Insights (June 2025):
A truly unique aspect is Eternal's 0% promoter holding, suggesting a professionally managed entity driven by big money.
FIIs: Dominant 42.34% (Strong international confidence)
DIIs: Substantial 26.59%
Public: 7.04%
Others: 24.04%
Implication: Stock movements heavily influenced by large fund flows.
Financial Turnaround - A Glimpse:
Eternal's recent financial performance shows a significant shift:
Sales: Surged from ₹12,114 Cr (Mar 2024) to ₹20,243 Cr (Mar 2025)
Operating Profit: Exponential leap from ₹42 Cr to ₹637 Cr
OPM%: Jumped from 0% to 3%
Net Profit: Rose from ₹351 Cr to ₹527 Cr
Cash Flow (Mar 2025): Healthy ₹357 Cr (vs. ₹91 Cr in Mar 2024)
Investing Activities: ₹-7,993 Cr (Mar 2025) vs. ₹-348 Cr (Mar 2024) - Suggests significant capital deployment for future growth.
Balance Sheet Strengthening: Reserves & Surplus, and Total Assets showing strong growth.
Valuation & Returns:
P/E Ratio: Not listed (implies negative earnings or non-traditional valuation)
Dividend Yield: 0%
Market Focus: Valuation likely based on future growth prospects & asset play.
Investment Returns: +2.25% (last week), +35.11% (last year) - Strong positive sentiment.
Delivery Volume - Accumulation in Progress?
Monthly delivery data points to high investor interest and potential accumulation:
July 2025: +16.34% price gain, 45.10% delivery
June 2025: +10.84% price gain, 54.30% delivery
April 2025: +15.28% price gain, 46.48% delivery
March 2025: -9.19% price dip, but high 57.29% delivery.
Interpretation: Consistent high delivery suggests long-term holding, indicating strong underlying demand.
Technical Outlook - Bullish Momentum:
Eternal's recent price action, especially the gains in April, June, and July, combined with high delivery percentages, signals strong bullish momentum.
Current Price: ₹306.55
Uptrend: Consistent positive monthly returns (except March and January).
Technical Health: High delivery volume alongside price appreciation is a very healthy sign, indicating conviction behind the moves.
Potential Target: From a technical perspective, Eternal looks very strong and appears to have the potential to reach ₹350+ soon.
Real Talk: Navigating the Growth Story
For Traders:
This looks like a classic momentum play. Riding the trend with disciplined trailing stop losses will be key. Keep an eye on delivery percentages – a significant drop alongside price dips could signal a shift in institutional sentiment.
For Investors:
The turnaround story and strong institutional backing are compelling. However, the 0% promoter holding means external forces (FII/DII sentiment) will heavily dictate its trajectory. Long-term investors should dig deeper into the business model and future growth drivers. Given the strong technical indicators pointing towards ₹350+, this could be an attractive entry point for those who believe in the broader growth narrative.
Your thoughts? Would you jump into this high-momentum, institutionally-driven growth story, anticipating the suggested technical upside, or wait for more traditional valuation metrics to emerge?
ETERNAL) has been on a remarkable journey, transforming its financials and catching the eye of institutional investors. Despite a slight dip today, its impressive growth and unique shareholding structure raise a critical question: Is this just the beginning, or has the market overvalued its potential? Let's dive in.Current Snapshot:
Price: ₹306.55 (-0.24% today)
Market Cap: ₹2,95,832 Cr (Significant player)
Key Question: Sustained growth phase or overbought?
Shareholding Insights (June 2025):
A truly unique aspect is Eternal's 0% promoter holding, suggesting a professionally managed entity driven by big money.
FIIs: Dominant 42.34% (Strong international confidence)
DIIs: Substantial 26.59%
Public: 7.04%
Others: 24.04%
Implication: Stock movements heavily influenced by large fund flows.
Financial Turnaround - A Glimpse:
Eternal's recent financial performance shows a significant shift:
Sales: Surged from ₹12,114 Cr (Mar 2024) to ₹20,243 Cr (Mar 2025)
Operating Profit: Exponential leap from ₹42 Cr to ₹637 Cr
OPM%: Jumped from 0% to 3%
Net Profit: Rose from ₹351 Cr to ₹527 Cr
Cash Flow (Mar 2025): Healthy ₹357 Cr (vs. ₹91 Cr in Mar 2024)
Investing Activities: ₹-7,993 Cr (Mar 2025) vs. ₹-348 Cr (Mar 2024) - Suggests significant capital deployment for future growth.
Balance Sheet Strengthening: Reserves & Surplus, and Total Assets showing strong growth.
Valuation & Returns:
P/E Ratio: Not listed (implies negative earnings or non-traditional valuation)
Dividend Yield: 0%
Market Focus: Valuation likely based on future growth prospects & asset play.
Investment Returns: +2.25% (last week), +35.11% (last year) - Strong positive sentiment.
Delivery Volume - Accumulation in Progress?
Monthly delivery data points to high investor interest and potential accumulation:
July 2025: +16.34% price gain, 45.10% delivery
June 2025: +10.84% price gain, 54.30% delivery
April 2025: +15.28% price gain, 46.48% delivery
March 2025: -9.19% price dip, but high 57.29% delivery.
Interpretation: Consistent high delivery suggests long-term holding, indicating strong underlying demand.
Technical Outlook - Bullish Momentum:
Eternal's recent price action, especially the gains in April, June, and July, combined with high delivery percentages, signals strong bullish momentum.
Current Price: ₹306.55
Uptrend: Consistent positive monthly returns (except March and January).
Technical Health: High delivery volume alongside price appreciation is a very healthy sign, indicating conviction behind the moves.
Potential Target: From a technical perspective, Eternal looks very strong and appears to have the potential to reach ₹350+ soon.
Real Talk: Navigating the Growth Story
For Traders:
This looks like a classic momentum play. Riding the trend with disciplined trailing stop losses will be key. Keep an eye on delivery percentages – a significant drop alongside price dips could signal a shift in institutional sentiment.
For Investors:
The turnaround story and strong institutional backing are compelling. However, the 0% promoter holding means external forces (FII/DII sentiment) will heavily dictate its trajectory. Long-term investors should dig deeper into the business model and future growth drivers. Given the strong technical indicators pointing towards ₹350+, this could be an attractive entry point for those who believe in the broader growth narrative.
Your thoughts? Would you jump into this high-momentum, institutionally-driven growth story, anticipating the suggested technical upside, or wait for more traditional valuation metrics to emerge?
Started like everyone else — chasing trends, ignoring risk.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Started like everyone else — chasing trends, ignoring risk.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.