Ethos shares rise 4% on opening watch boutique in Ranchi; details

Ethos shares gained 3.5 per cent, logging an intra-day high at ₹3,059.65 per share on BSE. The buying interest came after it opened a new Ethos Watch Boutique in Ranchi.

 

At 12:06 PM, Ethos’ share price was trading 2.97 per cent higher at ₹3,042.5 on the BSE. In comparison, the BSE Sensex was down 0.37 per cent at 85,122.29. The stock commands a market capitalisation of ₹8,141.03 crore, with a 52-week high at ₹3,244.45 and a 52-week low at ₹1,896.74.  CATCH STOCK MARKET UPDATES TODAY LIVE 

“We are pleased to inform you that Ethos Limited (“the Company”) has inaugurated a new Ethos Watch Boutique located at Ground Floor, Nucleus Mall, Circular Road, Lalpur, Ranchi, Jharkhand-834001,” the filing read. 

 

This boutique will help strengthen the company’s luxury brand portfolio and further consolidate its presence in one of India’s most prominent luxury retail markets. With this launch, the company continued to make the world’s most exclusive brands more accessible to discerning customers in India, in line with its strategic vision of delivering unparalleled luxury experiences, according to the filing. 

 

With the opening of this new boutique at Ranchi, Ethos now has 88 boutiques across India.

 

That apart, in December, the company inaugurated a new Exclusive Brand Boutique of “TUDOR” at Gurugram.  ALSO READ | Premier Energies hits all-time low, stock down 33% from October high 

In Q2FY26, the company’s consolidated net profit stood at ₹23.31 crore, as compared to ₹21.24 crore a year ago. Its revenue from operations stood at ₹383.4 crore, as against ₹297 crore a year ago.

 

Ethos Watches is India’s largest chain of luxury watch boutiques, with more than 80 stores across 26 cities and a portfolio of over 70 premium and luxury watch brands. The company positions itself as an authorised retailer, emphasising authenticity and brand warranties, and highlights its role in protecting customers from malpractices such as smuggled, fake and refurbished watches. The company also runs Ethos Watch Care, providing servicing and repair support for 70 global luxury watch brands through dedicated after-sales teams and facilities in multiple cities.