Ethos moves up on signing exclusive retail partnership with Trilobe
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Ethos is currently trading at Rs. 932.00, up by 14.15 points or 1.54% from its previous closing of Rs. 917.85 on the BSE.
The scrip opened at Rs. 916.30 and has touched a high and low of Rs. 934.15 and Rs. 910.85 respectively. So far 3285 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1145.35 on 16-Aug-2022 and a 52 week low of Rs. 711.60 on 06-Jun-2022.
Last one week high and low of the scrip stood at Rs. 932.80 and Rs. 876.50 respectively. The current market cap of the company is Rs. 2167.04 crore.
The promoters holding in the company stood at 65.16%, while Institutions and Non-Institutions held 15.05% and 19.79% respectively.
Ethos has signed an exclusive partnership deal with contemporary watch brand Trilobe, to bring the finest of haute horlogerie to the Indian market. With this partnership, Ethos Watch Boutiques will exclusively retail Trilobe across India and the selection will be available from early 2023. The core range will include models from all Trilobe watch collections - Les Matinaux, Nuit Fantastique, Secret, and Une Folle Journee.
Ethos has the largest portfolio of premium and luxury watches in India and retails over 50 premium and luxury watch brands.
