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Ethos block deal: Goldman Sachs sells shares price Rs 48 crore on this smallcap inventory

News Team by News Team
June 19, 2025
in Business
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Ethos block deal: Goldman Sachs sells shares price Rs 48 crore on this smallcap inventory
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Goldman Sachs on Thursday offered over 1.77 lakh shares of Ethos Restricted by way of a block deal. The deal dimension is price Rs 48 crore and the shares had been offered at a worth of Rs 2700.67, which is a 5% low cost in opposition to the earlier closing worth of Rs 2848.45 on the BSE.

Goldman Sachs held 1.40% stake representing over 3.43 lakh shares by means of its affiliate Goldman Sachs Funds-Goldman Sachs India Fairness Fund.

Ethos is a licensed retailer of over 70 premium luxurious watch manufacturers with greater than 70 shops in India. The market capitalization of the corporate is Rs 7,282.91 crore.

Ethos shares at present ended at Rs 2,721.80, down by 126.65 or 4.45% over the Wednesday closing worth.

The inventory has had a lackluster run on the D-Avenue this 12 months up to now with share worth falling by 4%. Over a 1-year interval, its shares are up 8%. In distinction the headline index Nifty has gained 4% in 2025 whereas rising by 5.4% over a 1-year interval.

ET logo

Reside Occasions


In line with Trendlyne knowledge, Ethos shares are at present buying and selling above its 50-day easy transferring common (SMA) of Rs 2,629 whereas beneath its 200-day SMA of Rs 2,735. Ethos’ quarterly consolidated web revenue within the March 2025 ended quarter stood at Rs 23 crore which is development of 8.2% year-on-year over Rs 21 crore reported within the 12 months in the past interval. In the meantime, the quarterly income in Q4FY25 stood at Rs 317 crore which is development of 21.6% YoY versus Rs 261 crore reported within the corresponding quarter of the corresponding quarter of the earlier monetary 12 months.Momentum indicators RSI and NFY are in a medium vary of 46 and 44, respectively. A quantity above 70 is taken into account as overbought whereas beneath 30 is seen to be oversold.

Additionally Learn: TPG prone to promote 6% stake in Sai Life Sciences at estimated worth of Rs 885 crore in block deal: Report

(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t characterize the views of Financial Occasions)

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Goldman Sachs on Thursday offered over 1.77 lakh shares of Ethos Restricted by way of a block deal. The deal dimension is price Rs 48 crore and the shares had been offered at a worth of Rs 2700.67, which is a 5% low cost in opposition to the earlier closing worth of Rs 2848.45 on the BSE.

Goldman Sachs held 1.40% stake representing over 3.43 lakh shares by means of its affiliate Goldman Sachs Funds-Goldman Sachs India Fairness Fund.

Ethos is a licensed retailer of over 70 premium luxurious watch manufacturers with greater than 70 shops in India. The market capitalization of the corporate is Rs 7,282.91 crore.

Ethos shares at present ended at Rs 2,721.80, down by 126.65 or 4.45% over the Wednesday closing worth.

The inventory has had a lackluster run on the D-Avenue this 12 months up to now with share worth falling by 4%. Over a 1-year interval, its shares are up 8%. In distinction the headline index Nifty has gained 4% in 2025 whereas rising by 5.4% over a 1-year interval.

ET logo

Reside Occasions


In line with Trendlyne knowledge, Ethos shares are at present buying and selling above its 50-day easy transferring common (SMA) of Rs 2,629 whereas beneath its 200-day SMA of Rs 2,735. Ethos’ quarterly consolidated web revenue within the March 2025 ended quarter stood at Rs 23 crore which is development of 8.2% year-on-year over Rs 21 crore reported within the 12 months in the past interval. In the meantime, the quarterly income in Q4FY25 stood at Rs 317 crore which is development of 21.6% YoY versus Rs 261 crore reported within the corresponding quarter of the corresponding quarter of the earlier monetary 12 months.Momentum indicators RSI and NFY are in a medium vary of 46 and 44, respectively. A quantity above 70 is taken into account as overbought whereas beneath 30 is seen to be oversold.

Additionally Learn: TPG prone to promote 6% stake in Sai Life Sciences at estimated worth of Rs 885 crore in block deal: Report

(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t characterize the views of Financial Occasions)

Tags: BlockcroreDealEthosGoldmanSachssellsSharessmallcapStockWorth

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