A major block deal took place in Eternal on Monday, December 8, with 5.3 crore shares or 0.54% of the outstanding equity changing hands in the transaction.
Shares changed hands at an average price of ₹290.4 per share, taking the total transaction value to ₹1,535 crore.
Buyers and sellers in the transaction are not currently known.
CNBC-TV18 reported on Sunday that an undisclosed investor is expected to offload up to 0.5% equity, citing sources with knowledge of the matter.
The transaction size was pegged at up to ₹1,500 crore, with the floor price set at ₹289.5 per share.
Earlier, in mid-November, the stock saw two block deals involving around 90 lakh shares worth ₹279.25 crore.
In mid-June as well, about 60.93 lakh shares, or 0.06% of the total outstanding equity, changed hands at an average price of ₹256 per share, implying a transaction value of ₹156 crore.
Eternal is an Indian multinational technology company and the parent of Zomato, Blinkit, District and Hyperpure.
Eternal’s consolidated net profit fell 63.07% to ₹65 crore despite an over 183% surge in revenue to ₹13,590 crore in Q2 FY26, which was led by the quick-commerce business.
Shares of Eternal are currently fluctuating between gains and losses after the block deal. The stock currently trades 0.6% lower at ₹290.55. Going into Monday's session, shares of Eternal had corrected nearly 21% from their 52-week high of ₹368.45.