Ethos Gains on New Luxury Watch Boutique Launch in Hyderabad

Mumbai (Udaipur Kiran News): Shares of Ethos Ltd traded higher on Thursday after the company announced the opening of its second exclusive Watch Boutique in Hyderabad at Nexus Mall, Telangana.

Ethos Gains

The stock was quoted at ₹2,575.00 on the BSE, up 1.05% or ₹26.85 from its previous close of ₹2,548.15. During the day, it touched a high of ₹2,580.00 and a low of ₹2,536.50, with 123 shares changing hands so far.

In the past 52 weeks, Ethos shares have hit a high of ₹3,381.00 (1 Oct 2024) and a low of ₹1,896.69 (7 Apr 2025). The company’s current market capitalization stands at ₹6,890.11 crore. Promoters hold 50.58%, while institutional and non-institutional investors own 31.31% and 18.10%, respectively.

With the addition of this boutique, Ethos has expanded its network to 83 boutiques across India, up from 73 as of March 31, 2025. The retailer said the new store strengthens its luxury brand portfolio and reinforces its presence in Hyderabad, one of the country’s leading luxury retail markets.

Ethos is India’s largest luxury and premium watch retailer, operating an omnichannel model that enables customers to shop both offline and online.

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