Ethos Limited share price (NSE: ETHOSLTD) climbed around 3.5% during intraday trade on Tuesday, touching a high of about ₹3,060 on the BSE. The stock outperformed the broader market, even as the Sensex was trading lower.
The company has a market capitalisation of over ₹8,100 crore, with a 52-week high of around ₹3,245.
The rise in the share price came after Ethos announced the opening of a new Ethos Watch Boutique in Ranchi, Jharkhand. The store is located at Nucleus Mall on Circular Road, Lalpur.
According to the company, the new boutique will help strengthen its luxury brand portfolio and expand its presence in an important luxury retail market. The launch aligns with Ethos’ strategy to make global luxury watch brands more accessible to Indian customers.
With the Ranchi launch, Ethos now operates 88 boutiques across India. The company continues to expand its footprint in both metro and emerging cities. In December, it also opened an exclusive “TUDOR” brand boutique in Gurugram.
In Q2FY26, Ethos reported a consolidated net profit of ₹23.31 crore, up from ₹21.24 crore in the same quarter last year. Revenue from operations increased to ₹383.4 crore from ₹297 crore a year ago, reflecting steady growth.
Ethos Watches is India’s largest luxury watch retailer, with over 80 stores across 26 cities and a portfolio of more than 70 premium and luxury watch brands. The company focuses on authenticity, offering authorised products with brand warranties. It also runs Ethos Watch Care, providing servicing and repair support for global luxury watch brands.
Ethos’ share price gained after the company expanded its retail presence with a new boutique in Ranchi. Continued store additions and steady financial growth support its long-term expansion strategy in India’s luxury retail market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 6, 2026, 1:28 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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