New Delhi, Nov. 9 -- Eternal, the parent company of Zomato and Blinkit, has been on a strong recovery run on Dalal Street as investor sentiment towards the stock improves. Investors appear to be appreciating the company's improving execution in its quick commerce business, with the progress also reflected in its September quarter earnings.

The shares began the year on a tepid note, closing the first three months in the red, with the sell-off dragging the stock to nearly a one-year low. However, the stock's fortunes turned in April, and the rally has only strengthened since then, with the shares ending each subsequent month higher and scaling new records along the way.

From its March low of Rs.212.60 apiece, the stock has recovered 71% t...