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Ethos moves up on launching first Boutique in Raipur Ethos is currently trading at Rs. 1227.95, up by 10.90 points or 0.90% from its previous closing of Rs. 1217.05 on the BSE. The scrip opened at Rs. 1230.45 and has touched a high and low of Rs. 1240.15 and Rs. 1226.95 respectively. So far 500 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1474.95 on 12-May-2023 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....
Ethos moves up on launching first Boutique in Raipur
Ethos moves up on launching first Boutique in Raipur
Source: Accord Fintech
31/05/2023 12:31:23 PM
Buy Ethos Limited For Target Price Rs 1,540 - Emkay Global Financial Services Ltd Q4 EBITDA came 9% below estimates, led by lag in price revisions by brands, resulting in lower gross margins. However, Ethos expects margins to recover completely, once the ongoing price revisions get completed. Q4 revenue grew strongly by 31%, of which 27% was contributed by SSG and the remaining came from addition of new stores. Ethos expects strong momentum to continue in FY24, with best-in-class outlook of 25-30% topline growth (upon 37% growth in FY23) and operating leverage-driven margi...
Buy Ethos Limited For Target Price Rs 1,540 - Emkay Global Financial Services Ltd
Buy Ethos Limited For Target Price Rs 1,540 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services
21/05/2023 2:13:12 PM
Ethos shines on partnering to launch Swiss watch brand Laurent Ferrier in India Ethos is currently trading at Rs. 1231.70, up by 41.15 points or 3.46% from its previous closing of Rs. 1190.55 on the BSE. The scrip opened at Rs. 1204.80 and has touched a high and low of Rs. 1290.90 and Rs. 1173.15 respectively. So far 18410 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,290.90 on 20-Apr-2023 and a 52 week low of Rs. 711.60 on 06-Jun-2022. Last one week high and low of the scrip stood at ...
Ethos shines on partnering to launch Swiss watch brand Laurent Ferrier in India
Ethos shines on partnering to launch Swiss watch brand Laurent Ferrier in India
Source: Accord Fintech
20/04/2023 2:46:20 PM
Ethos surges on launching first multi-brand boutique in Bhopal Ethos is currently trading at Rs. 979.20, up by 15.10 points or 1.57% from its previous closing of Rs. 964.10 on the BSE. The scrip opened at Rs. 970.05 and has touched a high and low of Rs. 997.35 and Rs. 918.00 respectively. So far 4791 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. 997...
Ethos surges on launching first multi-brand boutique in Bhopal
Ethos surges on launching first multi-brand boutique in Bhopal
Source: Accord Fintech
16/03/2023 2:19:35 PM
Ethos rises on launching multi-brand boutique in Siliguri Ethos is currently trading at Rs. 1016.35, up by 5.95 points or 0.59% from its previous closing of Rs. 1010.40 on the BSE. The scrip opened at Rs. 1023.95 and has touched a high and low of Rs. 1027.75 and Rs. 1014.35 respectively. So far 143 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. ...
Ethos rises on launching multi-brand boutique in Siliguri
Ethos rises on launching multi-brand boutique in Siliguri
Source: Accord Fintech
21/02/2023 11:35:38 AM
Buy Ethos Ltd : Keep a close `Watch` - Monarch Networth Capital Buy Ethos Ltd For Target Rs. 1,400 We initiate coverage on Ethos Limited with a target price of Rs.1400 (~53% upside). Ethos is one of India’s most prominent luxury retail brands and the market leader for luxury watches in India. Fortified by over two decades of experience, Ethos manages over sixty watch brands, of which more than 35 are exclusively available at Ethos – a testament to its brand relations, a valuable asset, given that it takes years to develop and nurture these ...
Buy Ethos Ltd : Keep a close `Watch` - Monarch Networth Capital
Buy Ethos Ltd : Keep a close `Watch` - Monarch Networth Capital
Source: Monarch Networth Capital Ltd
12/12/2022 11:46:55 AM
Ethos moves up on signing exclusive retail partnership with Trilobe 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...
Ethos moves up on signing exclusive retail partnership with Trilobe
Ethos moves up on signing exclusive retail partnership with Trilobe
Source: Accord Fintech
1/12/2022 2:35:58 PM
Ethos Ltd : Consistent outperformance should drive re-rating; maintain BUY - Emkay Global Financial Services Ltd Consistent outperformance should drive re-rating; maintain BUY Ethos’ Q2 EBITDA was ~10% ahead of estimates, led by both revenue & EBITDA margin beat. Revenue grew 32% YoY, on the back of 17% SSG and contribution from certified pre-owned (CPO) business. The stronger growth for Ethos was owing to both, pick up in industry growth and market-share gains. Improved India pricing for Swiss watches and growth in HNIs are resulting in industry growth, while Ethos continues to gain market...
Ethos Ltd : Consistent outperformance should drive re-rating; maintain BUY - Emkay Global Financial Services Ltd
Ethos Ltd : Consistent outperformance should drive re-rating; maintain BUY - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
8/11/2022 2:21:23 PM
Buy Ethos Limited For Target Price Rs 1,400 - Emkay Global Financial Services Ltd Category leader seeking dominance in the nascent luxury watch retail; Initiate with BUY Ethos Limited (Ethos) is India’s leading luxury watch retailer. Ethos has a ~15% market share by value (Emkay estimate for FY22), thanks to its pan-India physical presence (50 stores in 17 cities) and a distinguished online presence. India is at the cusp of exponential growth in luxury watch sales; we expect: i) 0.9mn HNWIs in India by FY35E [0.3mn at FY22-end], implying 9% CAGR over FY25-35E. Our...
Buy Ethos Limited For Target Price Rs 1,400 - Emkay Global Financial Services Ltd
Buy Ethos Limited For Target Price Rs 1,400 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
19/09/2022 3:58:35 PM
Ethos Q1 net profit zooms 1287.91% at Rs 12.63 cr The company reported standalone net profit of Rs 12.63 crore for the quarter ended June 30, 2022 as compared to Rs 0.91 crore in the same period last year, registering a year-on-year growth of 1287.91 per cent. Net revenue of the company rose substantially by 95.14 per cent at Rs 173.56 crore in April-June quarter of this fiscal as against Rs 88.94 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 78.50 per cent to Rs 146.53 crore from ...
Ethos Q1 net profit zooms 1287.91% at Rs 12.63 cr
Ethos Q1 net profit zooms 1287.91% at Rs 12.63 cr
Source: Dion Global Solutions Ltd
27/07/2022 10:30:46 AM
Ethos trades higher on the bourses Ethos is currently trading at Rs. 789.60, up by 3.05 points or 0.39% from its previous closing of Rs. 786.55 on the BSE. The scrip opened at Rs. 768.00 and has touched a high and low of Rs. 798.70 and Rs. 759.05 respectively. So far 2869 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 839.65 on 30-May-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. 806.4...
Ethos trades higher on the bourses
Ethos trades higher on the bourses
Source: Accord Fintech
13/06/2022 2:58:13 PM
Ethos Limited Reported Revenue of Rs. 577.28 crore with the PAT growth of 397% in FY22 Mumbai : Ethos Limited is pleased to announce its first financial results following the listing of its shares for the fourth quarter and fiscal year ended March 31st, 2022. Q4 FY22 Financial Performance Highlights (Consolidated) – FY22 Compared with FY21 (Consolidated) - * Revenues from operations for the full year ended March 31st, 2022 stood at ₹577.28 crore as compared to ₹386.57 crore in FY21 * The Company’s Earnings before Interest, Tax, Depreci...
Ethos Limited Reported Revenue of Rs. 577.28 crore with the PAT growth of 397% in FY22
Ethos Limited Reported Revenue of Rs. 577.28 crore with the PAT growth of 397% in FY22
Source: PR Agency
31/05/2022 11:32:26 AM
Ethos Ltd. debuts with 100.00% discount at Rs 0.00 Ethos Ltd. makes a weak debut on the bourses with scrip got listed at Rs 0.00 on the Bombay Stock Exchange, a 100.00 per cent discount to its issue price of Rs 878.00. On the National Stock Exchange, the stock was listed at Rs 830.00. The company, which raised 0.54 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 53.79 lakhs shares. The company, listed under B Group Securities post its IPO, opened for subscription from ...
Ethos Ltd. debuts with 100.00% discount at Rs 0.00
Ethos Ltd. debuts with 100.00% discount at Rs 0.00
Source: Dion Global Solutions Ltd
30/05/2022 10:05:38 AM
IPO Note - Ethos Limited By Swastika Investmart Ethos Limited Rating - Avoid Ethos Limited ("Ethos") was incorporated on November 5, 2007, with KDDL Limited as one of the company's promoters. In the financial year 2020, Ethos is India's leading luxury and premium watch retailer, with a 13 percent share of overall retail sales in the premium and luxury category and a 20 percent stake in the strictly luxury market. * With a Pan India presence, Ethos has made its presence across cities and regions through a network ...
IPO Note - Ethos Limited By Swastika Investmart
IPO Note - Ethos Limited By Swastika Investmart
Source: Swastika Investmart Ltd
18/05/2022 2:51:22 PM
IPO Note - Ethos Limited By Emkay Global * Ethos is one of the largest watch retailers in the Indian premium and luxury watch industry. According to the ‘Industry Report on Premium and Luxury Watch Retail in India dated April 26, 2022, prepared by Technopak Advisors Private Limited’, Ethos has a market share of ~13% in the Rs 6,615 crores premium & luxury watch market (FY20), enabled by the portfolio of 50 luxury brands and a pan-India retail presence, supported by omnichannel and digital team capabilities. * In a...
IPO Note - Ethos Limited By Emkay Global
IPO Note - Ethos Limited By Emkay Global
Source: Emkay Global Financial Services Ltd
18/05/2022 2:44:49 PM
IPO Note - Ethos Ltd By Jainam Share Consultant About the company • Ethos is the largest luxury and premium watch retailer in India and has watch portfolio of 50 premium brands in India such as Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet and Balmain. • It has a chain of 50 physical stores in 17 cities of India in multi store format and operates on omnichannel model through its websit...
IPO Note - Ethos Ltd By Jainam Share Consultant
IPO Note - Ethos Ltd By Jainam Share Consultant
Source: Jainam Share Consultants
18/05/2022 1:47:43 PM
IPO Note - Ethos Ltd By Nirmal Bang Company Overview Ethos is the India’s one of the largest luxury and premium watch retail player having 13% share of the total retail sales in premium and luxury segment and a share of 20% when seen in exclusively luxury segment in the FY20 delivering a content-led luxury retail experience to the customers through online and physical presence Ethos’s promoter, KDDL Limited, is listed on the BSE and the NSE. Subsequently, the retail business of KDDL was hived off into a Compan...
IPO Note - Ethos Ltd By Nirmal Bang
IPO Note - Ethos Ltd By Nirmal Bang
Source: Nirmal Bang Ltd
17/05/2022 10:11:14 AM
IPO Note - Ethos Ltd By Choice Broking Salient features of the IPO: * Ethos Ltd. (Ethos), a luxury & premium watch retailer is coming up with an IPO to raise Rs. 375cr, which opens on 18th May and closes on 20th May 2022. The price band is Rs. 836 - 878 per share. * The company on 28th Mar. 2022, executed a pre-IPO placement of 0.03cr shares at Rs. 826 per share. Amount raised from pre-IPO placement was Rs. 25cr. Consequently, it reduced the size of fresh issue from Rs. 400cr (as mentioned in the DRHP) to Rs. 375cr. *...
IPO Note - Ethos Ltd By Choice Broking
IPO Note - Ethos Ltd By Choice Broking
Source: Choice Broking Pvt Ltd
15/05/2022 10:48:31 AM
Ethos Ltd. announces launch of initial public offering Ethos Ltd. has announced public offering of 5379108 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 868.00 per share. The gross proceeds of the issue are expected to be Rs 47,228.57 lakhs. The company's initial public offer (IPO) will open on 18 May 2022 and is expected to close on 20 May 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 836.00-878.00 per share. The IPO includes a fresh Issue of 5379108 Equity Shares of the C...
Ethos Ltd. announces launch of initial public offering
Ethos Ltd. announces launch of initial public offering
Source: Dion Global Solutions Ltd
11/05/2022 10:40:32 AM