Eternal share price closes at ₹335.50; falls 2.09% on September 24

Key Takeaways

• Eternal closed at ₹335.50 after a 2.09% decline, finishing ₹1.50 above the ₹334 session low on volume of 16,919,726 shares. 
• The close remained above all three displayed moving averages, with the 50-day DMA at ₹313.60 and the 200-day DMA at ₹285.80. 
• Three-month and six-month returns were 29.56% and 47.82%, although the one-year return remained slightly negative at -0.84%. 

Eternal share price ended September 24 at ₹335.50, down ₹7.15 or 2.09%. The previous close was ₹343. The stock opened at ₹339, moved to an intraday high of ₹344 and fell to ₹334. Only ₹10 separated the high and low, and the closing price finished ₹1.50 above the lower end of that range. 

Trading activity was sizeable at 16,919,726 shares. Market capitalisation stood at ₹323,769 crore. From the ₹339 open to the ₹335.50 close, the stock ended ₹3.50 lower on the displayed levels. It was ₹8.50 below the high and much nearer the session low. 

The closing price remained above each of the three moving averages shown. The 50-day DMA was ₹313.60, leaving the close ₹21.90 higher. The 100-day DMA stood at ₹297.70, a difference of ₹37.80. The 200-day DMA was ₹285.80, placing the September 24 finish ₹49.70 above it. 

The 52-week low was ₹213 and the high ₹368. The closing price stood ₹122.50 above the annual low and only ₹32.50 below the annual high. The entire 52-week range measured ₹155, compared with ₹10 between the day’s high and low. 

Recent returns differed considerably across periods. One month was 2.29%, three months 29.56% and six months 47.82%. The one-year return, however, was -0.84%. This left a 48.66 percentage-point difference between the strongest six-month figure and the one-year reading. 

Eternal’s longer moving averages were well below the close, while the annual high was much nearer than the annual low in absolute rupee distance. At the session level, the reverse relationship appeared within the day’s range: only ₹1.50 separated the close from the low, compared with ₹8.50 to the high. The session also recorded nearly 16.92 million shares in volume.