Ethos Shares Rise on New Luxury Boutique Launch in Delhi

Mumbai, September 16 (Patrika English News). Shares of Ethos Ltd gained over 2% on Tuesday after the company announced the inauguration of a new exclusive Ethos Watch Boutique at Nexus Select Citywalk, Saket, New Delhi.

Ethos

The stock opened at ₹2,370.55 on the BSE and touched a high of ₹2,416.75 before trading at ₹2,401.55, up by ₹47.50 or 2.02% from the previous close of ₹2,354.05. Around 286 shares were traded on the counter. The company’s market capitalisation stands at ₹6,416.49 crore.

The new boutique strengthens Ethos’s luxury brand portfolio and enhances its presence in one of India’s most prominent luxury retail hubs. The company said the expansion aligns with its strategy of making exclusive international watch brands more accessible to Indian customers while delivering premium retail experiences.

Ethos is India’s largest premium and luxury watch retailer, operating through an omnichannel model that allows customers to purchase products both offline and online. The company continues to expand its footprint in the luxury retail space while creating long-term value for stakeholders.

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