Latest news with #Ethos
News18
20 hours ago
- Business
- News18
Stocks To Watch: Nestle, Oswal Pumps, Ethos, Natco Pharma, Angle One, And Others
Last Updated: Stocks to watch: Shares of firms like Nestle, Oswal Pumps, Ethos, Natco Pharma, Angle One, and others will be in focus on Friday's trade Stocks to Watch on June 20, 2025: Markets closed flat on the weekly expiry day amid mixed global cues, and stock-specific developments are expected to drive momentum today. Here's a look at key stocks likely to be in focus: Oswal Pumps The spotlight will be on Oswal Pumps as the company is set to debut on the exchanges today. Nestle India Nestle India has announced a board meeting scheduled for June 26 to consider a proposal for issuing bonus shares. Ethos Goldman Sachs sold over 1.77 lakh shares of Ethos in a block deal worth Rs 48 crore, with shares sold at Rs 2,700.6 apiece. Sai Life Sciences Private equity firm TPG is likely to offload 12.5 million shares, representing a 6% stake in Sai Life Sciences, in a deal estimated at $102 million (Rs 885 crore). The USFDA has issued Form 483 with seven observations for Natco Pharma's Kothur, Hyderabad facility. Axiscades Technologies Axiscades Technologies entered into a strategic partnership with Europe's Aldoria to enhance India's space capabilities. Angel One Devender Kumar, Chief Revenue Officer – Direct Business, has resigned and will be relieved from his duties effective September 30, 2025. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. First Published: June 20, 2025, 07:55 IST
Economic Times
21 hours ago
- Business
- Economic Times
Stocks in news: Oswal Pumps, Nestle India, Angel One, Natco Pharma, Ethos
Devender Kumar resigned as the Chief Revenue Officer-Direct Business of the company with effect from September 30. Markets remained mostly flat on the weekly expiry day amidst mixed signals. Several companies saw significant activity, including Oswal Pumps debuting on the exchanges and Nestle India considering a bonus share issue. Block deals impacted Ethos, while Sai Life Sciences may see a stake sale. Natco Pharma received a US FDA Form 483. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets traded lacklustre on the weekly expiry day and ended almost flat amid mixed cues. In today's trade, shares of Oswal Pumps Ethos among others will be in focus due to various news of Oswal Pumps will be in focus as the company will debut on the exchanges major Nestle India will hold a board meeting on June 26 to consider and approve a proposal for issue of bonus shares. Goldman Sachs sold over 1.77 lakh shares of Ethos via a block deal. The deal size is worth Rs 48 crore and the shares were sold at a price of Rs assets management company TPG is likely to sell 12.5 million shares representing 6% stake Sai Life Sciences at an estimated deal size of $102 million (Rs 885 crore).GMM Pfaudler arm Pfaudler Normag Systems GmbH, Germany, bagged an order worth Rs 330 crore from a European-based Technology opened its qualified institutional placement (QIP) issue to raise up to Rs 1,600 crore, according to FDA issued Form 483 with 7 observations for company's Kothur, Hyderabad-based Pharma Tech signed a strategic partnership with Europe's Aldoria to strengthen India's Space CapabilitiesDevender Kumar resigned as the Chief Revenue Officer-Direct Business of the company with effect from September 30.
Time of India
a day ago
- Business
- Time of India
Ethos block deal: Goldman Sachs sells shares worth Rs 48 crore in this smallcap stock
Goldman Sachs on Thursday sold over 1.77 lakh shares of Ethos Limited via a block deal. The deal size is worth Rs 48 crore and the shares were sold at a price of Rs 2700.67, which is a 5% discount against the previous closing price of Rs 2848.45 on the BSE. Goldman Sachs held 1.40% stake representing over 3.43 lakh shares through its affiliate Goldman Sachs Funds-Goldman Sachs India Equity Fund. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 혈관이 조여오는 느낌이 드신다면.. 메디셜 더 읽기 Undo Ethos is an authorized retailer of over 70 premium luxury watch brands with more than 70 stores in India. The market capitalization of the company is Rs 7,282.91 crore. Ethos shares today ended at Rs 2,721.80, down by 126.65 or 4.45% over the Wednesday closing price. The stock has had a lackluster run on the D-Street this year so far with share price falling by 4%. Over a 1-year period, its shares are up 8%. In contrast the headline index Nifty has gained 4% in 2025 while rising by 5.4% over a 1-year period. Live Events According to Trendlyne data, Ethos shares are currently trading above its 50-day simple moving average (SMA) of Rs 2,629 while below its 200-day SMA of Rs 2,735. Ethos' quarterly consolidated net profit in the March 2025 ended quarter stood at Rs 23 crore which is growth of 8.2% year-on-year over Rs 21 crore reported in the year ago period. Meanwhile, the quarterly revenue in Q4FY25 stood at Rs 317 crore which is growth of 21.6% YoY versus Rs 261 crore reported in the corresponding quarter of the corresponding quarter of the previous financial year. Momentum indicators RSI and NFY are in a medium range of 46 and 44, respectively. A number above 70 is considered as overbought while below 30 is seen to be oversold. Also Read: TPG likely to sell 6% stake in Sai Life Sciences at estimated price of Rs 885 crore in block deal: Report
Business Standard
4 days ago
- Business
- Business Standard
Ethos acquires Dubai subsidiary to boost Middle East presence
Ethos announced that it has acquired 100% equity in its newly incorporated subsidiary, Ficus Trading LLC, as part of its strategic expansion into international markets, particularly the Middle East. According to a regulatory filing, Ethos acquired 300 equity shares of AED 1,000 each, amounting to an initial paid-up capital of AED 300,000. The acquisition was completed on 16 June 2025. Ficus Trading LLC was incorporated on 17 April 2025 in Dubai, UAE, and will be engaged in the trading of watches, clocks, and their spare parts. The company aligns with Ethos' core business and is expected to strengthen its presence in overseas markets. As the entity is newly incorporated, historical turnover figures are not applicable. The company confirmed that Ficus Trading LLC is a related party, but the promoters or promoter group do not have any direct interest in the subsidiary. Ethos is one of India's leading retailers of luxury and premium watches, established in 2003. On a year-on-year basis, the companys consolidated net profit advanced 8.17% to Rs 22.75 crore on a 23.28% increase in revenue to Rs 311.32 crore in Q4 FY25 over Q4 FY24.
Indian Express
08-06-2025
- Entertainment
- Indian Express
Partition, poetry and personal history meet at Ethos Literary Festival 2025
At a time when public discourse is often loud and fleeting, the Ethos Literary Festival offered a day of sustained quietude, thoughtful conversation, and literary grace. Returning for its fourth edition on Saturday at Tango, Ambassador, the event brought together poets, academics, editors, and cultural commentators for what has become one of the more intimate gatherings on India's literary calendar. Organised by Hawakal, the independent publishing house known for its poetry catalogues, the 2025 edition of Ethos remained true to its ethos: 'letters and lore, lifestyle and legacy.' This year, that sensibility found expression in a deeply curated mix of book launches, poetry readings, and nuanced discussions. Among the day's defining moments was the felicitation of Professor Swati Pal, Principal of Janki Devi Memorial College, University of Delhi, and Mitali Chakravarty, editor of Borderless Journal, with the Ethos Literary Award 2025. The award not only recognised their literary contributions, but also their broader cultural commitments to inclusivity, critical thinking, and resistance through language. Speaking to after the event, Pal spoke of her debut collection, In Absentia (2020), which emerged from personal loss. 'It arose from loss—from the fact that a major tragedy occurred in my life,' she said. 'While some of my poems were funny or satirical, most dealt with sadness, sorrow, challenges, and problems. I really believe in that very Shelleyan concept: 'Our sweetest songs are those that tell of saddest thought.'' Pal, who has been with her college for nearly 30 years, brings her interests in performance studies, cultural history, and creative writing into both her scholarship and poetry. She also writes on education policy, and has long been an advocate for disability rights, widowhood awareness, and elder care—causes she says are still underrepresented in Indian literary and academic circles. Asked about her literary influences, she invoked Thomas Hardy, whose melancholic fatalism first moved her as a schoolgirl. 'Hardy has never left me,' she said. 'That line from The Mayor of Casterbridge—'Happiness is but an occasional episode in the general drama of pain'—has lingered all my life.' While the festival unfolded over seven hours, it retained the feel of an extended salon. Several book launches stood out—not least The Lost Pendant: Bengali Partition Poems in English, selected and introduced by Professor Angshuman Kar, and Mitali Chakravarty's From Calcutta to Kolkata: A City of Dreams, a hybrid text that fuses memoir and cultural essay. Later in the afternoon, the festival hosted the launch of Contours of Him, an anthology of poems curated by Professor Malachi Edwin Vethamani, with readers including Swati Pal and poet Sudeep Sen. In tone and texture, the collection echoed much of what Ethos seems intent on doing: holding complexity without judgement. A singular presence at the festival was Amit Khanna, the lyricist behind Bollywood standards such as Chalte Chalte and Yeh Naina Yeh Kajal. His reading from Ananta Raag, a new poetry volume translated by Professor Manabendranath Saha, added a note of lyrical retrospection. Khanna, known for working with Laxmikant-Pyarelal and Bappi Lahiri, offered a glimpse of the poet behind the screenwriter. Sharing a stage with Pal after the award ceremony, his presence served as a subtle reminder of how art—be it poetry or song—often grows out of the same soil. This year, Hawakal also partnered with Mrinalika Weaves, a textile and artisan initiative that works with rural craftspeople across India.
