New Delhi, June 5 -- Shares of Eternal, the parent company of foodtech and quick commerce platform Zomato, surged nearly 6% on Thursday, extending their upward momentum amid robust buying interest. Eternal shares rose as much as 5.9% to Rs.260.22 apiece on the NSE, emerging as the top gainer on the Nifty 50 index.

The rally in Eternal share price was supported by heavy trading volumes, with around 11 crore shares changing hands on the exchanges - significantly higher than Eternal stock's monthly average trading volume of 8 crore shares.

Eternal shares have risen approximately 16% over the last six sessions, posting gains in five out of the past six trading days.

The stock's recent uptrend was buoyed by a bullish report from Morgan Stan...