Eternal shares drop 3% to a five-month low after Blinkit CFO quits
On December 30, 2025, the Eternal shares price fell about 3% and hit its lowest level in more than five months. The slide came after news broke that Vipin Kapooria, the Chief Financial Officer of Blinkit, had quit his job. Blinkit is the quick-commerce arm of Eternal, and many investors see it as a key part of the company’s growth.
The sudden exit shook market confidence. Traders reacted quickly, selling off shares and pushing the price down sharply. This dip happened even as broader markets showed mixed trends.
The move has sparked fresh talk among investors and market watchers. Many are now wondering whether this drop is just a short-term reaction or a sign of deeper trouble ahead. In this article, we will explore why the stock fell, what the CFO resignation means, and what investors should watch next.
What Happened Next: Blinkit CFO’s Exit Shakes Markets?
After the resignation of Vipin Kapooria, the Eternal shares took a clear hit in trading on December 30, 2025. The shares dropped about 2.6% to around ₹275.55 on the Bombay Stock Exchange (BSE), marking the lowest point the stock has seen in over five months.
Kapooria had been serving as the Chief Financial Officer (CFO) of Blinkit, Eternal’s quick-commerce arm, since September 2024. His departure came just about 15-18 months after he joined the business. Before this role, he spent more than seven years at Flipkart as a senior finance executive and is widely expected to return there, especially as Flipkart prepares for its own IPO in 2026.
The company itself has not yet issued an official statement regarding his exit. This lack of clarity has left investors unsure about the leadership path ahead.
Why Investors Sold: Leadership Matters in Growth Plays
The CFO role at Blinkit was seen as vital by investors. Kapooria helped steer major funding moves, including backing a ₹28,500 crore qualified institutional placement (QIP) for Eternal.
His exit triggered a sell-off because it came at a time when quick commerce is under intense pressure. Rivals are expanding aggressively, and bigger players like Zepto have filed confidential IPO papers seeking to raise around ₹11,000 crore a sign that competition is ramping up.
Without a clear successor named yet, traders saw added risk. CFOs are critical in managing cash, guiding investor expectations, and steering growth in capital-intensive businesses like quick commerce.
Eternal’s Broader Share Price Trend
The recent fall is not an isolated event. The Eternal shares have been under pressure for months, sliding from a peak of about ₹368.40 in mid-October 2025 to near current levels, a drop of roughly 25% from recent highs.
This slide reflects broader market concerns about profitability and execution in its core units. Quick commerce, especially Blinkit, has been burning cash to expand store networks and fulfil rapid delivery promises. Meanwhile, the stock market tends to punish uncertainty in leadership, especially in high-growth sectors.
Sector Dynamics: Quick Commerce Is Getting Crowded
Eternal’s stock drop must also be seen against wider trends in India’s quick-commerce sector. Companies like Zepto, Blinkit, and Swiggy Instamart are racing to build coverage and customer bases. Zepto’s IPO filing signals that quick-commerce rivals are readying themselves for public markets.
This competition raises questions about margins and unit economics. Quick commerce is notoriously expensive, with businesses spending heavily on dark store networks, delivery fleets, and promotional offers to retain customers. Investors are now watching closely to see who can find a sustainable path to profit.
Eternal’s Business Fundamentals Under Pressure
Eternal’s own numbers have shown strength in revenue, but profit growth has lagged. Earlier this year, the company reported strong topline growth, largely driven by Blinkit, even as net profits fell sharply due to higher costs.
This kind of performance can make markets nervous. Solid revenue is good, but weak profits and leadership churn add uncertainty about future earnings and execution discipline.
Analyst Views and Market Sentiment
Market watchers say the immediate response to the CFO’s departure largely reflects investor psychology. Leadership changes at key growth units are often seen as risk factors, especially when they happen without clear successors.
Some analysts argue the underlying business remains intact. Eternal still holds strong positions in food delivery and quick commerce, with Blinkit’s revenues growing robustly in recent quarters. Still, they stress that management clarity will be critical to restore confidence.
Eternal Shares: What This Means for Investors Now?
In the short term, the stock may stay volatile until Eternal names a permanent CFO for Blinkit or provides clearer guidance on its strategic plans. The market often rewards certainty and clear leadership direction, especially during critical growth phases.
Long-term investors are watching how Eternal manages competition and improves unit economics in quick commerce. If the company can stabilise leadership and show a credible path to profitability, sentiment may improve. Even so, the immediate reaction shows how sensitive markets can be to executive changes in high-growth tech-driven businesses.
Bottom Line
The drop in Eternal’s share price to a five-month low on December 30, 2025 reflects more than just a stock market move. It highlights how leadership changes at fast-growing arms like Blinkit can influence investor confidence, especially in a challenging and competitive quick-commerce landscape. With competition heating up and profitability pressures continuing, the clock is now ticking for Eternal to address these concerns and reassure stakeholders.
Frequently Asked Questions (FAQs)
Eternal shares fell on December 30, 2025, after Blinkit CFO Vipin Kapooria resigned. Investors worried about leadership stability and future execution in the quick-commerce business.
Vipin Kapooria resigned as Blinkit CFO in December 2025. He joined in 2024 and previously worked at Flipkart, which added to investor concern after his exit.
After the December 2025 drop, investors remain cautious. Many are waiting for leadership clarity, profit improvement, and stable growth before making fresh investment decisions.
Disclaimer
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
