'internal Reshuffling': Eternal (zomato) Clarifies On Food Delivery Ceo Change

Eternal Ltd (formerly known arsenic Zomato) connected Thursday issued a explanation complete a news study titled "Zomato nutrient transportation CEO Rakesh Ranjan steps down; Deepinder Goyal to return charge", stating Ranjan has not resigned from nan institution and still continues to beryllium portion of nan activity team.

"At Eternal Group, soul reshuffling of nan activity squad is considered a modular believe arsenic portion of nan company's ongoing efforts to optimise organisational effectiveness," nan online nutrient and transportation services level said successful a BSE filing.

Eternal laminitis and group CEO, Deepinder Goyal, will for now return complete nan activity of nan nutrient transportation division. Ranjan was appointed arsenic CEO successful June 2023 and has been associated pinch nan Gurugram-based institution for astir 8 years.

Last week, nan institution announced nan exit of its main operating serviceman (COO), Rinshul Chandra.

Shares of Eternal were past seen trading 0.31 per cent higher astatine Rs 239.95. At this price, nan banal has climbed 7.75 per cent successful a month.

Technically, nan scrip traded higher than nan 5-day, 10-, 20-, 30-day and 50-day elemental moving averages (SMAs) but little than nan 100-day, 150-day and 200-day SMAs. Its 14-day comparative spot scale (RSI) came astatine 67.36. A level beneath 30 is defined arsenic oversold while a worth supra 70 is considered overbought.

As per BSE, nan banal has a price-to-earnings (P/E) ratio of 129.59 against a price-to-book (P/B) worth of 9.59. Earnings per stock (EPS) stood astatine 1.85 pinch a return connected equity (RoE) of 7.38. According to Trendlyne data, Eternal has a one-year beta of 0.9, indicating debased volatility.

Published on: Apr 24, 2025 1:27 PM IST