Archive · 23 Jul 2026
Eternal Share Price Drops Despite Strong Q1 Results
Eternal, a company listed on the NSE, reported strong financial results for the first quarter of the fiscal year 2026-27.
The company's net profit increased significantly compared to the previous year, and its revenue also saw a substantial rise.
Despite these positive results, the company's share price fell slightly during trading on July 23, 2026.
Two brokerage firms, Motilal Oswal and JM Financial, have recommended buying Eternal shares, with a target price of ₹400 per share, indicating a potential upside of 40-41%.
The share price drop could be due to short-term market skepticism or profit-taking.
Eternal's share price fell 0.40% on NSE despite strong Q1 results.
The company reported a 268% year-on-year rise in net profit to ₹92 crore.
Revenue from operations surged 182% year-on-year to ₹20,211 crore.
Brokerage firms Motilal Oswal and JM Financial reiterated 'buy' ratings with a target price of ₹400 per share.
The share price drop may indicate short-term market skepticism or profit-taking.
- Who
- Eternal, a company listed on the NSE
- What
- Eternal's share price fell despite strong Q1 results
- When
- On July 23, 2026
- Where
- Trading session on the NSE
- Why
- Market reaction to the Q1 results and brokerage recommendations
Buy
Sell
Brokerage Recommendations
Buy
Brokerage firms Motilal Oswal and JM Financial have reiterated their 'buy' ratings on Eternal, with target prices of ₹400 per share, indicating a potential upside of 40-41%.
Sell
Despite strong Q1 results, the share price fell, which may indicate short-term market skepticism or profit-taking.
- Company
- Eternal
- Share Price Drop
- 0.40%
- Net Profit (Q1FY27)
- ₹92 crore
- Revenue (Q1FY27)
- ₹20,211 crore
- Brokerage Target Price
- ₹400
- Brokerage Firms
- Motilal Oswal, JM Financial