Business
India's Eternal falls on block trade of 52 million shares
India's Eternal falls on block trade of 52 million shares

About this update from Eternal Limited
**Shares of Eternal NSE:ETERNAL fall 2.4% to 285.25 rupees, the lowest level since July 21 ** 52 million shares, representing nearly 0.5% stake in the online delivery firm sold via block deal for 290.95 rupees apiece**More than 71.55 million shares traded so far vs 30-day avg of 28 million shares** Stock rated "Buy" on average by 31 analysts; median PT at 400 rupees - data compiled by LSEG**YTD, stock up 2.6% vs rival Swiggy's NSE:SWIGGY nearly 28% decline