17 Jun 2025

Ethos Stock Inches Up; Acquires Stake in Ficus Trading LLC to Boost Middle East Presence

Ethos is currently trading at RS. 2980.00, marking a rise of 13.30 points or 0.45% from its previous close of RS. 2966.70 on the BSE.

The stock opened at RS. 2966.00 and touched an intraday high of RS. 2980.00 and a low of RS. 2949.75. A total of 319 shares have been traded so far.

A BSE group 'A' stock with a face value of RS. 10, Ethos recorded a 52-week high of RS. 3395.35 on September 24, 2024, and a 52-week low of RS. 1896.69 on April 7, 2025. Over the past week, the stock traded between RS. 3015.55 and RS. 2801.10. The company’s current market capitalization stands at RS. 8522.37 crore.

Promoter holding in the company is 50.58%, while institutional and non-institutional investors hold 30.41% and 19.01% respectively.

In a strategic move to strengthen its international presence, especially in the Middle East, Ethos has acquired 300 equity shares of AED 1000 each in its subsidiary, Ficus Trading LLC, as part of its initial paid-up capital and Memorandum of Association (MOA) subscription. The acquisition aligns with the core business operations of the company.

Ethos is India’s largest luxury and premium watch retailer, operating on an omnichannel model that enables customers to shop both online and offline.