Indian watch retailer Ethos jumps on strong Q2 results

Ethos

15/11/2023 08:52

** Shares of India's Ethos  ETHO.NS  up as much as 11.23% at
2,144 rupees to hit record high 
    ** Luxury watch retailer's Q2 consol net profit rises over
37% to 185.9 mln rupees ($2.24 mln), while rev from ops jumos
over 32% 
    ** Stock on track for fifth straight gaining session, if
trends hold 
    ** More than 337,000 shares traded by 2:07 p.m. IST, nearly
10x the 30-day avg 
    ** Stock last up 4.8% taking YTD gains to about 98%


($1 = 83.1375 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))