India's Ethos soars on strong quarterly results

Prospector Metals

04/11/2022 07:05

** Shares of luxury watch retailer Ethos  ETHO.NS  rise as
much as  8.2% at 1,059.8 rupees
    ** Stock touched its highest levels since Nov. 3
    ** ETHO set to gain for a second session straight
    ** Co on Thursday reported a nearly 409.8% surge in its
Sept-quarter consolidated profit to 135.6 mln rupees
 urn:newsml:reuters.com:*:nFWN31ZA2F
    ** Revenue stood at 1.78 bln rupees, up 32.8% Y/Y 
    ** More than 135,000 shares traded by 0651 GMT, 4.4x their
30-day moving avg of more than 30,000 shares
    ** Up to last close, ETHO had risen 22%, since its listing
on May 30
 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com; Mobile: +91 6001289066))