Eternal Ltd falls 3% on Alibaba-backed firm’s ₹5,375 cr stake sale
Shares of Eternal Ltd fell 3% to ₹290.35 after Alibaba-backed Antfin Singapore Holding Pte Ltd announced plans to sell its entire stake via a block deal worth ₹5,375 crore. The sale includes 18.84 crore shares, with a floor price of ₹285 per share, according to sources familiar with the matter.