Food delivery company Zomato has officially changed its name to Eternal Ltd on investment shares starting today (April 9, 2025). The company introduced on March 20 that the Ministry of Corporate Affairs (MCA) has approved name change. Following this development Eternal Ltd Shares rate was falls to 2% lower at the indices.
“We desire to inform you that the Registrar of Companies, Ministry of Corporate Affairs (“MCA”), has authorised the trade in name of the Company from “Zomato Limited” to “Eternal Limited”, with effect from March 20, 2025,” the company said in an trade post.
Eternal Ltd Shares Decline by 2%
Zomato’s stock symbol on each the NSE and BSE changed from Zomato to Eternal. The rebranding is in sync with the enterprise’s growth across various business sectors, consisting of Zomato (food delivery), Blinkit (brief trade), Hyperpure (B2B supplies), and District (eating out and restaurant services).
The trade in demand is specific to the company entity and does not effect its brand or app identification, the employer had said.
Eternal Share Price today
Eternal Ltd Shares price today opened at ₹215.30 apiece on the BSE. The stock touched an intraday high of ₹215.70 and an intraday low of ₹210.55 per share.
Anshul Jain, Head of Research at Lakshmishree Investment and Securities, stated Zomato share price is suffering to maintain its important support sector of 207–210. “A breach under 207 need to drag the stock toward the key weekly swing low help at 199–200. A near under 199 could be extremely terrible and will open up deeper downside levels,” he stated.
Currently, there’s no visible energy or relative outperformance, and the platform stays vulnerable, Jain added. “Until the stock reclaims higher degrees with strength, we remain bearish, in particular if 199 is violated decisively,” stated the expert.
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