Eternal Share Price Drops 2.63%: Temporary Dip or Bigger Signal for tech Stocks?

Posted by : Kashish Aggarwal | Tue Feb 17 2026

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The shares of Eternal Share Price Ltd saw a sudden drop of close to 263% during the opening session of the market on Tuesday, the 17th of February, as the stock made a weak market debut. The stock opened in the red and has been under pressure since the start of the trading session, as cautious investor sentiment and overall market volatility drove it lower.

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Why Did Eternal Share Price Fall Today?

Here are several reasons behind the Eternal share price decline:

Market Weakness & Volatility

The Indian shows a weak trading position by selling key stocks that are contributing to a weak market. Market volatility can lead to stock declines due to cautious investor sentiment.

Weak Trading Momentum in Eternal

Eternal share is trading with weak momentum from the market and its competitors, and with a high trading frequency; this is a sign of lower momentum and increased risk uncertainty among investors.

Profit Taking

Following recent market volatility and previous profits, traders have taken large profits and set stop losses, which has contributed to selling pressure.

Weak Investors Sentiments

Analysts and investors have been pointing to concerns such as high valuation expectations, competitive pressures (particularly in quick commerce), and uncertainty over profit margins, which can lead to sell-offs on weak days.

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Business Fundamentals Remain Intact

Eternal Ltd is famous for its strong presence in the digital consumer space. The company is famous for its:

It is a top player in the digital food delivery platform in India
Wide presence in quick commerce through blinkit
Wide range of restaurants with high-speed delivery
High technology-driven system with a large user base clientele

Overall, analysts have a mixed to positive view. Some analysts are positive about the company’s growth prospects due to rising demand for high-end online food consumption and quick commerce, while others are waiting because of high competition, margin pressure, and improving profitability and stabilising its earnings.

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Eternal Share Price Target

Eternal is trading at an average price of ₹360. The consensus estimate represents a downside of 2.60% from the last price of ₹28.85. According to Wall Street, the 5-day price target for Eternal is ₹279.90 with a low forecast of ₹6.60 and a high forecast of ₹35.65.

Eternal Share Price Momentum: Analyst Ratings

The average 12-month Eternal share price target is around ₹330-380, with a consensus rating of Hold (a mix of Buy, Hold, and Reduce recommendations).
The analysts’ share price target range for Eternal is between ₹380 and ₹280, indicating moderate upside potential.
Some brokerage firms are concerned about margin pressures, seasonal demand risks, and rising distribution costs, which is why several analysts are taking a cautious approach.

On the whole, analysts believe that Eternal has long-term growth potential based on its strong positions in food delivery and quick commerce. Nevertheless, its short-term performance is expected to hinge on its ability to manage costs effectively, enhance profitability, and stabilise earnings amid intense competition.

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What Should Investors Watch?

To check earnings & profitability to check whether margins are improving consitently
To monitor delivery and logistics costs as they are associated with profitability
Growth in food delivery and quick commerce
High-intense competition and a large market share

Investor Takeaway

Despite today’s 2.63% decline in the Eternal share price, the drop seems more a result of market factors than of any negative news about the company. Investors can continue to monitor for stabilisation around key support levels before taking new positions.