Archive · 1 Oct 2025
Goldman Sachs Sells Eternal Shares for INR 267 Cr
Goldman Sachs, a big finance company, sold a large amount of shares it owned in Eternal, a foodtech company, for a lot of money.
They sold the shares at a slightly lower price than what the stock was worth.
The shares were bought by Bank of America Securities.
This is not the first time Goldman Sachs has sold shares of Eternal; they sold some shares last week to Morgan Stanley.
Despite the sale, Eternal's stock has been doing well recently, going up in value.
Analysts believe in the company's quick commerce arm, Blinkit.
Although the company's income is down, its sales have gone up.
Goldman Sachs sold 8.2 Cr shares of Eternal for INR 266.9 Cr.
The shares were sold at INR 325.50 apiece, a 1% discount.
Bank of America Securities purchased the shares.
Eternal shares have risen nearly 19% this year.
Goldman Sachs reiterated its 'Buy' rating for Eternal.
- Who
- Goldman Sachs
- What
- Sold shares of Eternal
- When
- Recently
- Where
- Market
- Why
- Financial strategy
- Seller
- Goldman Sachs
- Shares Sold
- 8.2 Cr
- Deal Value
- INR 266.9 Cr
- Price Per Share
- INR 325.50
- Buyer
- Bank of America Securities
- Stock Performance
- Up nearly 19% YTD