Goldman Sachs Offloads Eternal Shares Worth ₹267 Crore

Goldman Sachs Bank Europe SE – ODI sold 82 lakh shares of Eternal through a block deal on October 1, 2025. The shares were priced at ₹325.50 each, taking the total deal value to ₹266.91 crore.

Buyer of the Stake

The entire lot was bought by BofA Securities Europe SA, giving it a 0.08% stake in Eternal. Following the deal, Eternal’s stock gained 2.5% and closed at  ₹329 on the NSE.

Previous Share Sale

This is not the first sale by Goldman Sachs. On September 26, 2025,  it sold 9.52 lakh shares of Eternal to Morgan Stanley for ₹31.6 crore. That transaction was done at ₹332.25 per share.

Stock Movement in Recent Months

Eternal’s stock has seen steady gains this year. It reached a new high of ₹343.95 on September 22, 2025. Since January, the stock has risen nearly 19% on a year-to-date basis. Earlier in July, it crossed the ₹305 level, setting off a fresh rally.

Business Performance

Eternal’s quick commerce arm, Blinkit, has been a key driver in recent quarters. As per data for Q1 FY26, Blinkit recorded a 25% sequential rise in gross order value, compared to 22% growth reported by rival Swiggy Instamart.

Financial Results

Despite higher revenues, the company reported a sharp fall in profit. Eternal’s consolidated net profit dropped over 90% YoY to ₹25 crore in Q1 FY26, compared to ₹253 crore a year earlier. Revenue, however, rose 70% YoY to ₹7,167 crore, up from ₹4,206 crore in Q1 FY25.

Other Block Deals

Apart from Eternal, the day also saw action in RBL Bank. Morgan Stanley Asia Singapore Pte purchased 32.51 lakh shares (0.53%) at ₹274.44 per share, worth ₹89.2 crore. RBL Bank’s stock closed at ₹275.20, down 0.74%.

Eternal Share Price Performance 

As of October 3, 2025, 09:30 AM, Eternal share price was trading at ₹330.70, up by 0.52% on the day.

Read more: LG Electronics India Sets IPO Price Band at ₹1,080-₹1,140 to Raise ₹11,607 Crore

Conclusion

The sale marks the second exit by Goldman Sachs in Eternal within weeks, adding to recent block deal activity in the market.

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