Eternal Shares Surge Over 4% Amid Renewed Optimism for Full MSCI Weightage

al Ltd. (parent of Zomato and Blinkit) shares surged over 4% in early trade today, hitting an intraday high of ₹297.30. The rally follows the latest shareholding pattern (Q3 FY2026) showing foreign headroom has crossed the key 25% mark. This has fuelled expectations of full weightage in the MSCI Emerging Markets Index during the February 2026 review. Currently carrying only half weight due to earlier foreign ownership limits, full inclusion could trigger significant passive inflows, with estimates around $390 million. The stock has gained over 8% in the past month and is now in its fifth straight positive session after a recent 2% correction. Market sentiment remains strongly bullish, with 29 of 33 analysts maintaining a 'Buy' rating. Investors are now watching the next MSCI announcement closely for confirmation of the potential weightage upgrade.