{"id":344162,"date":"2026-11-11T16:44:05","date_gmt":"2026-11-11T11:14:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=344162"},"modified":"2026-11-11T16:44:05","modified_gmt":"2026-11-11T11:14:05","slug":"eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/","title":{"rendered":"Eternal Share Price Hits a Record High at Rs 372: IPO Investors Sit on 375% Gains, but a Q2 Profit Miss, a 135x P\/E and Blinkit Cash Burn Need a Closer Look"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Eternal hit a record Rs 372.10 on 11 Nov 2026, closing near Rs 361; about 375% above the Rs 76 IPO price (my arithmetic). Q2 FY27 profit Rs 125 cr missed estimates.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Eternal share price touched a record high of Rs 372 on 11 Nov 2026 and closed near Rs 361, about 375% above the Rs 76 IPO price (my arithmetic). Q2 FY27 profit of Rs 125 crore missed estimates; valuation stays very high.<\/p>\n<\/p><\/div>\n<p>The <strong>Eternal share price<\/strong> touched a <strong>record high<\/strong> of Rs 372 on 11 November 2026 and closed near Rs 361, which is about 375% above the Rs 76 issue price of the July 2021 IPO. Investors who bought the Zomato IPO and held on are sitting on a large gain, but the question for new buyers is different: what has the stock priced in? This note sets out the price data, the Q2 FY27 results, the brokerage targets and the risks, without recommending any security.<\/p>\n<p>Prices below are time-stamped to market data pages on 11 November and can differ by a few rupees across sources. The live quote and index context are on <a href=\"https:\/\/univest.in\/stocks\/nse\/national-stock-exchange-of-ind-share-price-today\">NSE<\/a> and <a href=\"https:\/\/univest.in\/stocks\/bse\/bse-ltd-share-price-today\">BSE<\/a>. The stock has risen with a strong market, as the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> and <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a> hit an eight-month high on the same day.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Eternal_Share_Price_Record_High_and_IPO_Return\" title=\"Eternal Share Price: Record High and IPO Return\">Eternal Share Price: Record High and IPO Return<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Eternal_Q2_FY27_Results_and_What_Drives_the_Stock\" title=\"Eternal Q2 FY27 Results and What Drives the Stock\">Eternal Q2 FY27 Results and What Drives the Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Brokerage_Targets_and_Valuation_Check\" title=\"Brokerage Targets and Valuation Check\">Brokerage Targets and Valuation Check<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Checklist_and_Risks\" title=\"Checklist and Risks\">Checklist and Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Frequently_Asked_Questions_on_the_Eternal_Share_Price\" title=\"Frequently Asked Questions on the Eternal Share Price\">Frequently Asked Questions on the Eternal Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#What_is_the_Eternal_share_price_record_high\" title=\"What is the Eternal share price record high?\">What is the Eternal share price record high?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#How_much_have_IPO_investors_gained\" title=\"How much have IPO investors gained?\">How much have IPO investors gained?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#How_did_Eternal_perform_in_Q2_FY27\" title=\"How did Eternal perform in Q2 FY27?\">How did Eternal perform in Q2 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Why_does_the_PE_ratio_vary_so_much_between_websites\" title=\"Why does the P\/E ratio vary so much between websites?\">Why does the P\/E ratio vary so much between websites?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#What_are_the_brokerage_targets\" title=\"What are the brokerage targets?\">What are the brokerage targets?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#What_drives_the_Eternal_share_price\" title=\"What drives the Eternal share price?\">What drives the Eternal share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#What_are_the_main_risks_for_Eternal\" title=\"What are the main risks for Eternal?\">What are the main risks for Eternal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/eternal-share-price-record-high-rs-372-ipo-investors-375-percent-gain-blinkit-11-november-2026\/#Should_I_buy_Eternal_because_it_hit_a_record_high\" title=\"Should I buy Eternal because it hit a record high?\">Should I buy Eternal because it hit a record high?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Eternal_Share_Price_Record_High_and_IPO_Return\"><\/span><strong>Eternal Share Price: Record High and IPO Return<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Figure<\/th>\n<th>Source note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/eternal\/zomato-ltd-share-price-today\">Eternal<\/a> record high<\/td>\n<td>Rs 372.10 intraday on 11 November 2026<\/td>\n<td>Dhan and Bajaj Broking; earlier record Rs 368.40 on 16 October 2025<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: close on 11 November<\/td>\n<td>About Rs 361 (down about 1%)<\/td>\n<td>NewsBytes; a data page shows Rs 361.60 at 2:49 pm<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: IPO issue price<\/td>\n<td>Rs 76 (listed 23 July 2021)<\/td>\n<td>Business Standard IPO page<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: gain over IPO price<\/td>\n<td>About 375% at Rs 361<\/td>\n<td>My arithmetic: (361 minus 76) divided by 76<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: gain in 2026 so far<\/td>\n<td>About 30%<\/td>\n<td>NewsBytes<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: 52-week low<\/td>\n<td>Rs 212.60 (16 March 2026)<\/td>\n<td>Univest data<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: market capitalisation<\/td>\n<td>About Rs 3.5 lakh crore<\/td>\n<td>Bajaj Broking and Kotak Neo pages<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The headline return depends on the price used: at the Rs 372 high the gain over the IPO price is about 389% by my arithmetic, and at the Rs 361 close it is about 375%. The stock also rose about 12% in the last month and 41.8% in six months, per a Kotak Neo page, so a lot of the move is recent. The previous record of Rs 368.40 stood for about a year, so the stock has taken a long time to clear its old peak.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare large-cap consumer stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Eternal_Q2_FY27_Results_and_What_Drives_the_Stock\"><\/span><strong>Eternal Q2 FY27 Results and What Drives the Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Measure<\/th>\n<th>Q2 FY27<\/th>\n<th>Comparison<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Eternal share price: revenue from operations<\/td>\n<td>Rs 24,138 crore<\/td>\n<td>Up 77.6% from Rs 13,590 crore<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: net profit<\/td>\n<td>Rs 125 crore<\/td>\n<td>Up 92.3% from Rs 65 crore; analysts expected Rs 250 crore to Rs 271 crore<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: adjusted EBITDA<\/td>\n<td>Rs 666 crore<\/td>\n<td>Up 197%; another report cites EBITDA of Rs 752 crore on a different basis<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: blinkit net order value<\/td>\n<td>Rs 20,940 crore<\/td>\n<td>Up 79.3% year on year and 22.2% from Q1<\/td>\n<\/tr>\n<tr>\n<td>Record high: blinkit adjusted EBITDA<\/td>\n<td>Rs 184 crore<\/td>\n<td>Against a loss of Rs 156 crore a year earlier<\/td>\n<\/tr>\n<tr>\n<td>Record high: blinkit store plan<\/td>\n<td>More than 3,500 by March 2027<\/td>\n<td>About 5,000 by March 2028<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quick commerce is the engine: Blinkit revenue was Rs 19,152 crore of the group total, and its adjusted EBITDA has improved for six quarters in a row. The profit miss came from higher delivery, employee and depreciation costs, and the cash balance fell by Rs 1,813 crore to Rs 16,475 crore as Blinkit built inventory ahead of the festive season. The <strong>Eternal share price<\/strong> fell about 3.5% after results on 21 October, which shows how sensitive the stock is to a miss.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get results alerts and stock news on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Brokerage_Targets_and_Valuation_Check\"><\/span><strong>Brokerage Targets and Valuation Check<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>View<\/th>\n<th>Target or reading<\/th>\n<th>Date and note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Record high: kotak Neo<\/td>\n<td>Buy, target Rs 435<\/td>\n<td>11 November, per NewsBytes<\/td>\n<\/tr>\n<tr>\n<td>Record high: jefferies<\/td>\n<td>Base case Rs 430; upside case Rs 520<\/td>\n<td>5 November, per Business Standard<\/td>\n<\/tr>\n<tr>\n<td>Record high: motilal Oswal<\/td>\n<td>Rs 380 in one report; Rs 400 after Q1<\/td>\n<td>Reports differ; check the latest note<\/td>\n<\/tr>\n<tr>\n<td>Record high: macquarie<\/td>\n<td>Cautious on valuation<\/td>\n<td>After Q2 results<\/td>\n<\/tr>\n<tr>\n<td>Eternal share price: trailing P\/E<\/td>\n<td>About 135x on one page and about 700x on others<\/td>\n<td>Different data providers and earnings bases<\/td>\n<\/tr>\n<tr>\n<td>Record high: price to book<\/td>\n<td>About 11x to 40x<\/td>\n<td>The pages differ; check the filing<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Targets are opinions, and they differ by the date and the method used. The P\/E figures range widely because trailing earnings are small relative to the price, so the multiple says more about expected growth than about current profit. Univest&#8217;s own data pages show a trailing P\/E near 700x and a price to book of about 11x on 5 November, while another page shows 135x and 39.8x, so the figures are not comparable until you check which earnings base each uses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Checklist_and_Risks\"><\/span><strong>Checklist and Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Investor situation<\/th>\n<th>Questions to consider<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Record high: existing holder since the IPO<\/td>\n<td>Is the gain large enough to change my position size, and is the stock still in line with my plan?<\/td>\n<\/tr>\n<tr>\n<td>Record high: new investor<\/td>\n<td>Have I read the Q2 filing and the Blinkit margin targets, not only the record-high headline?<\/td>\n<\/tr>\n<tr>\n<td>Record high: short-term trader<\/td>\n<td>Can I handle a swing if the next quarter misses estimates again?<\/td>\n<\/tr>\n<tr>\n<td>Record high: long-term investor<\/td>\n<td>Does the valuation fit my time horizon and risk limit?<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The main risks are competition in quick commerce and food delivery, Blinkit capital spending and inventory build, a further profit miss, a premium valuation that leaves little room for error and a market-wide reversal. Univest does not recommend any security.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Eternal share price<\/strong> hit a record Rs 372 on 11 November 2026 and closed near Rs 361, about 375% above the IPO price. Q2 revenue grew 77.6%, but profit of Rs 125 crore missed estimates and valuation is very high. Read the filings and consult a SEBI-registered adviser before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_the_Eternal_Share_Price\"><\/span><strong>Frequently Asked Questions on the Eternal Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Eternal_share_price_record_high\"><\/span><strong>What is the Eternal share price record high?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Eternal touched Rs 372.10 intraday on 11 November 2026, beating the earlier record of Rs 368.40 set on 16 October 2025. It closed near Rs 361, about 1% lower.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_have_IPO_investors_gained\"><\/span><strong>How much have IPO investors gained?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The IPO price was Rs 76 in July 2021. At the Rs 361 close the gain is about 375% by my arithmetic, and at the Rs 372 intraday high it is about 389%. Individual returns depend on the allotment and holding period.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Eternal_perform_in_Q2_FY27\"><\/span><strong>How did Eternal perform in Q2 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue was Rs 24,138 crore, up 77.6%, and net profit was Rs 125 crore, up 92.3% but below analyst estimates of about Rs 250 crore to Rs 271 crore. Blinkit net order value rose 79.3% to Rs 20,940 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_the_PE_ratio_vary_so_much_between_websites\"><\/span><strong>Why does the P\/E ratio vary so much between websites?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Trailing earnings are small compared with the price, and data providers use different earnings bases. One page shows about 135x and others about 700x. Check the filing before using any multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_brokerage_targets\"><\/span><strong>What are the brokerage targets?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kotak Neo has a Buy with a Rs 435 target, Jefferies a base case of Rs 430 and Motilal Oswal a Rs 380 target in one report. Macquarie is cautious on valuation. These are opinions, and they change.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_drives_the_Eternal_share_price\"><\/span><strong>What drives the Eternal share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Blinkit growth and margins, food delivery profitability, results versus estimates, store expansion and overall market direction all matter. The stock fell about 3.5% after the Q2 profit miss.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_for_Eternal\"><\/span><strong>What are the main risks for Eternal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Competition in quick commerce, heavy Blinkit investment, a premium valuation, rising costs and a market reversal. A record high does not mean that the stock cannot fall.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_Eternal_because_it_hit_a_record_high\"><\/span><strong>Should I buy Eternal because it hit a record high?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest does not recommend any security. A record high is a price fact, not a signal. Read the results and valuation and consult a SEBI-registered adviser.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Eternal share price record high?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Eternal touched Rs 372.10 intraday on 11 November 2026, beating the earlier record of Rs 368.40 set on 16 October 2025. It closed near Rs 361, about 1% lower.\"}},{\"@type\":\"Question\",\"name\":\"How much have IPO investors gained?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The IPO price was Rs 76 in July 2021. At the Rs 361 close the gain is about 375% by my arithmetic, and at the Rs 372 intraday high it is about 389%. Individual returns depend on the allotment and holding period.\"}},{\"@type\":\"Question\",\"name\":\"How did Eternal perform in Q2 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue was Rs 24,138 crore, up 77.6%, and net profit was Rs 125 crore, up 92.3% but below analyst estimates of about Rs 250 crore to Rs 271 crore. Blinkit net order value rose 79.3% to Rs 20,940 crore.\"}},{\"@type\":\"Question\",\"name\":\"Why does the P\/E ratio vary so much between websites?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Trailing earnings are small compared with the price, and data providers use different earnings bases. One page shows about 135x and others about 700x. Check the filing before using any multiple.\"}},{\"@type\":\"Question\",\"name\":\"What are the brokerage targets?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Kotak Neo has a Buy with a Rs 435 target, Jefferies a base case of Rs 430 and Motilal Oswal a Rs 380 target in one report. Macquarie is cautious on valuation. These are opinions, and they change.\"}},{\"@type\":\"Question\",\"name\":\"What drives the Eternal share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Blinkit growth and margins, food delivery profitability, results versus estimates, store expansion and overall market direction all matter. The stock fell about 3.5% after the Q2 profit miss.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks for Eternal?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Competition in quick commerce, heavy Blinkit investment, a premium valuation, rising costs and a market reversal. A record high does not mean that the stock cannot fall.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy Eternal because it hit a record high?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest does not recommend any security. A record high is a price fact, not a signal. Read the results and valuation and consult a SEBI-registered adviser.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eternal share price hit a record high of Rs 372 on 11 Nov 2026, 375% above its Rs 76 IPO price. See Q2 numbers, targets and risks.<\/p>\n","protected":false},"author":38,"featured_media":344161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[7666,13656,7940,7429,22309,22310,8073,11315,797],"class_list":["post-344162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blinkit","tag-eternal-share-price","tag-ipo-price","tag-market-capitalisation","tag-net-order-value","tag-price-target","tag-quick-commerce","tag-record-high","tag-zomato"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["344161"],"rank_math_title":["Eternal Share Price Hits Record High: IPO Gain 375%"],"rank_math_description":["Eternal share price hit a record high of Rs 372 on 11 Nov 2026, 375% above its Rs 76 IPO price. See Q2 numbers, targets and risks."],"rank_math_focus_keyword":["Eternal share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/eternal-share-price-hits-a-record-high-at-rs-372-ipo-investors-sit-on-375-gains.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=344162"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344162\/revisions"}],"predecessor-version":[{"id":344163,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344162\/revisions\/344163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/344161"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=344162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=344162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=344162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}