Shares of Eternal Ltd, the parent company of quick-commerce platform Blinkit and food-delivery firm Zomato, fell sharply on Tuesday, December 30, 2025, sliding as much as 2.6 % to an intraday low of around Rs. 275.55 on the BSE, marking their weakest level in over five months.
The sell-off was triggered by reports that Vipin Kapooria, the Chief Financial Officer of Blinkit, has resigned, stepping down just over a year after taking on the role. Kapooria’s departure raised investor concerns about leadership stability at Blinkit, which is a key growth engine for Eternal’s quick commerce strategy and financial performance.
Kapooria had been Blinkit’s first full-time CFO since 2022, and he is reportedly set to rejoin Flipkart, adding to market unease about senior executive turnover as competition in the quick-commerce sector intensifies with rivals like Swiggy, Zepto and others fighting for market share.
The broader stock weakness also reflects profit-taking and technical pressure after Eternal shares came off record highs reached earlier in 2025, as well as mixed sentiment around earnings, block deals, and strategic shifts in the company’s businesses.
Overall, the drop underscores how management changes at key operating units can influence investor sentiment in companies dependent on rapid scaling and competitive positioning, particularly in fast-evolving segments like quick commerce.
