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BofA Securities buys Rs 267 Cr Eternal shares from Goldman Sachs

EntrackrEntrackr · 6h ago
BofA Securities buys Rs 267 Cr Eternal shares from Goldman Sachs
Medial

BofA Securities buys Rs 267 Cr Eternal shares from Goldman Sachs BoFA Securities Europe SA has picked up 82 lakh shares of Eternal in a bulk deal on Wednesday. The shares were acquired from Goldman Sachs Bank Europe SE at a price of Rs 325.5 per share, taking the total transaction size to nearly Rs 267 crore. In the first quarter of the ongoing fiscal year, Eternal’s revenue from operations grew 70% to Rs 7,167 crore in contrast to Rs 4,206 crore in Q1 FY25. However, the company's profit fell by 90% to Rs 25 crore in Q1 FY26 from Rs 253 crore in Q1 FY25. Eternal’s stock closed at Rs 329.45 on the NSE, compared to the bulk deal price of Rs 325.5, giving it a total market capitalization of Rs 3,17,930 crore.

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