Indian watch retailer Ethos hits record high on Q1 profit rise

Ethos

16/08/2024 08:56

** Shares of Ethos  ETHO.NS  jump as much as 9.2% to a
record high of 3,428.05 rupees, last up 8.3% 
    ** The watch retailer's June-qtr consol net profit surged
~26% y/y, rev from ops grew ~19% 
    ** Trading volumes at 2.1x the 30-day avg 
    ** Stock up ~6% this week 



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))