Ethos shares jump 5%, up 27% in 6 months - Choice Broking sees further double-digit upside - Target, return potential
AI Summary
Ethos's recent stock performance and the positive outlook from Choice Equity Broking highlight the potential for growth in India's luxury watch market. With plans to expand its store network significantly and a focus on exclusive brands, Ethos is well-positioned to capitalize on the premiumisation trend. Retail investors should consider the company's growth trajectory and the anticipated increase in profitability as key factors when evaluating investment in this sector.
Ethos shares jumped 5% in intraday trade on the BSE on Wednesday, 23 September, looking set to extend gains for the second consecutive session. Ethos share price opened at ₹2,649.90 against its previous close of ₹2,614.10 and jumped 5.1% to an intraday high of ₹2,747. At this price, the stock has surged 27% in the last six months, even as year-to-date, it is down 7.5%.
Shares of the luxury and premium watch retailer scaled a 52-week high of ₹3,244.45 on 26 November last year and a 52-week low of ₹1,921 on 16 March this year.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 23 September 2026.
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