Posted on April 16, 2025, by Niftynews
The Eternal (Zomato) share price staged a modest but meaningful recovery during intraday trading on April 16, 2025, climbing 0.47% by midday after a weak market open.
The stock, which opened lower at ₹220.51 compared to the previous day’s closing price of ₹222.23, managed to regain ground and hit ₹221.55 by 12:30 PM. Though still below recent highs, the bounce is a positive signal amid a week of fluctuating performance.
For investors tracking the Eternal share price, this recovery may offer a brief sigh of relief — but questions remain about what’s driving the movement and whether momentum can sustain through the week.
🔍 Eternal Share Price Movement – April 16, 2025
Here’s a quick breakdown of the zomato stock action so far today:
- Opening Price: ₹220.51
- Midday Price: ₹221.55
- Day’s Low: ₹218.47
- Day’s High: ₹222.32
- Previous Close (April 15): ₹222.23
After a downward open, the Eternal (Zomato) share price found stability near its early session low and then moved into the green as buyers stepped in.
📉 A Shaky Start for Eternal on April 16
In early trading, Eternal (Zomato) opened nearly 0.77% lower than the previous close, indicating investor caution. The weak open followed a similar pattern seen in recent sessions:
- April 15: Opened at ₹224.25, closed at ₹222.23
- April 11: Closed at ₹217.20
This short-term volatility reflects broader uncertainty around the company’s upcoming earnings report and the strategic implications of its recent announcements.
📰 What’s Fueling the Eternal Share Price Fluctuations?
Two major news items are currently influencing the Eternal share price:
1. 📅 Anticipated Q4 FY25 Results
Market participants are closely watching for Eternal’s Q4 earnings. After several quarters of balancing between losses and break-even, expectations are building that the company — formerly known as Zomato — may show meaningful improvements in profitability.
Any signals of margin expansion, lower burn rates, or growth in ancillary services (like Blinkit or Hyperpure) could trigger a rally in the zomato stock.
2. 🌍 Strategic Exit from Netherlands Subsidiary
Eternal also announced the liquidation of an inactive subsidiary in the Netherlands — a move that aligns with the company’s broader cost-cutting and refocusing strategy. While this action doesn’t directly affect revenue, it signals sharper capital discipline and a narrowing of global operations to high-performance markets.
For long-term investors, such restructuring efforts often reflect a maturing business looking to sustain profits.
💹 Is This the Start of a Trend?
The 0.47% rise in the Eternal share price may not be dramatic, but it’s noteworthy given the weak open and investor concerns around tech valuations. It also hints at growing confidence ahead of the financial disclosure.
Still, for this momentum to hold, a few key factors need to align:
- 📊 Strong Q4 earnings and revenue guidance
- 🔄 Improved profitability in food delivery and Blinkit verticals
- 📉 Declining cash burn and clearer unit economics
- 🧾 Clear communication on long-term strategic plans from leadership
Analysts will also watch whether Eternal can decisively break above its recent resistance zone of ₹224–₹226, which has capped upside movement in the last few sessions.
📈 Recent Performance Summary
| Date | Opening | Low | High | Close / Midday |
|---|---|---|---|---|
| April 11 | — | — | — | ₹217.20 |
| April 15 | ₹224.25 | — | — | ₹222.23 |
| April 16 (Mid) | ₹220.51 | ₹218.47 | ₹222.32 | ₹221.55 |
While the overall trend remains cautious, the upward shift at midday is a constructive signal for market watchers.
💬 Investor Takeaway: What’s Next for Eternal Zomato Share Price?
The Eternal (Zomato) share price is showing early signs of resilience, but the real test lies ahead — especially with quarterly earnings just around the corner. If management delivers clarity on profitability and long-term execution, the stock could break out of its current range.
For now, investors might do well to stay informed but cautious. If you’re a short-term trader, keep an eye on technical levels and volume spikes. Long-term holders should focus on business fundamentals, not just daily fluctuations.
🧠 Final Thoughts
In an era where Indian tech stocks are under increasing scrutiny, the Eternal share price continues to reflect the market’s cautious optimism. With Q4 results looming and operational streamlining in motion, Eternal (Zomato) sits at a turning point.
The midday 0.47% uptick is a subtle nod to investor confidence — but whether this is a momentary bounce or the start of sustained momentum will depend on what’s next from the company itself.
