Eternal vs Swiggy: Tech charts favour this stock, hint up to 21% upside
Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.
 "Eternal (formerly known as Zomato)")
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Technical chart shows that Eternal stock (formerly known as Zomato) is favourably placed, while Swiggy looks weak. (Photo: Company Website)
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Shares of online food-delivery cum quick-commerce-space - Eternal (formerly known as Zomato) and Swiggy - were seen trading on a tepid note on Monday in an otherwise firm market. Eternal stock had plunged nearly 5 per cent to a low of ₹225.70 on the NSE amid reports of likely passive outflows in the near-term owing to global indices rejig. According to a report by IIFL Capital Services Eternal could see passive outflows of $840 million due to the impending rebalancing of FTSE and MSCI indices. READ MORE On the earnings front, Eternal reported a 77 per cent year-on-year (YoY) dip in consolidated net profit at ₹39 crore for the fourth quarter ended March 2025. Total income, however, rose 60 per cent YoY to ₹6,201 crore. The company recently leased about 84,157 square feet office space in Mumbai for a monthly rent of ₹1.34 crore, said CRE Matrix, a real estate data analytics firm. Whereas, Swiggy stock has slipped 2 per cent in intra-day deals to a low of ₹318.55 thus far on Monday. In Q4FY25, Swiggy's consolidated loss widened to ₹1,081.1 as against a net loss of ₹554.7 crore in Q4FY24. The firm's consolidated revenue from operations, however, increased by 45 per cent YoY to ₹4,410 crore. Meanwhile, technically here's how Eternal and Swiggy stocks are placed on the charts.