Zomato Becomes Eternal Ltd on Stock Exchanges, Shares Fall 2%
Published • 9 April 2025 at 8:57 AM
Zomato, the food delivery giant, has officially rebranded itself as Eternal Ltd on stock exchanges starting April 9, 2025. The name change, approved by the Ministry of Corporate Affairs (MCA) on March 20, reflects the company’s broader vision across its diversified businesses—Zomato (food delivery), Blinkit (quick commerce), Hyperpure (B2B supplies), and District (dining and restaurant services). Despite the corporate rebranding, the Zomato brand and app will remain unchanged for users. The company's stock ticker has shifted from ZOMATO to ETERNAL on both NSE and BSE. Eternal also plans to migrate its corporate website from zomato.com to eternal.com. Following the transition, Eternal’s share price dipped 2%, opening at ₹215.30 on the BSE and hitting an intraday low of ₹210.55. Analysts suggest the stock is nearing a key support zone between ₹207–210, with potential downside risk if it falls below ₹199.
- Zomato Limited has officially rebranded as Eternal Ltd, effective April 9, 2025, on the stock exchanges.
- The name change was approved by the Ministry of Corporate Affairs (MCA) on March 20, 2025.
- The rebranding reflects the company’s evolving business portfolio, which now includes: 1. Zomato (food delivery). 2. Blinkit (quick commerce). 3. Hyperpure (B2B restaurant supplies) 4. District (dining and restaurant services).
- The stock symbol has changed from ZOMATO to ETERNAL on both NSE and BSE.
- The change is corporate in nature and does not affect the Zomato app or consumer-facing brand.
- Eternal Ltd also plans to transition its corporate website from zomato.com to eternal.com in alignment with the new identity.
- On the day of the rebranding, Eternal’s share price declined by 2%, opening at ₹215.30 on the BSE.
- The stock registered an intraday low of ₹210.55.
- Analysts have noted that the stock is approaching a key technical support zone between ₹207–210.
- A decisive break below ₹199 could potentially lead to further downside, according to market experts.
