{"id":131444,"date":"2024-08-20T11:05:35","date_gmt":"2024-08-20T05:35:35","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=131444"},"modified":"2024-08-20T11:05:38","modified_gmt":"2024-08-20T05:35:38","slug":"mukul-agrawal-stock-jumps-after-dii-bought-1-6-lakh-shares-in-the-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-after-dii-bought-1-6-lakh-shares-in-the-company\/","title":{"rendered":"Mukul Agrawal stock jumps after DII bought 1.6 Lakh shares in the company\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-436289896\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of India&#8217;s leading luxury watch boutique chain rose by 2% to \u20b93,371.90 per share on Tuesday following a stake purchase by a domestic institutional investor.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4210233137\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 10:45 a.m., <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ETHOSLTD\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Ethos Ltd.<\/a><\/strong> shares were trading at \u20b93,301.60 per share, down 0.04% on the National Stock Exchange from the previous close price. The company has a market capitalization of \u20b98,001 crore.\u00a0<\/p><p><strong>What News:&nbsp;<\/strong><\/p><p>According to NSE bulk deal data, on the 19th, Bandhan Mutual Fund, a Domestic Institutional Investor, purchased 1.60 lakh shares at \u20b93,346 per share. Meanwhile, Mahen Distribution Limited sold shares at the same price.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1080187100\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"5dRoD6zTQO\"><a href=\"https:\/\/tradebrains.in\/features\/should-you-buy-mazagon-dock-shipbuilders-or-book-your-profit\/\">Should you buy Mazagon Dock Shipbuilders or book your profits?\u00a0<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Should you buy Mazagon Dock Shipbuilders or book your profits?\u00a0&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/should-you-buy-mazagon-dock-shipbuilders-or-book-your-profit\/embed\/#?secret=ImVVfBV3XO#?secret=5dRoD6zTQO\" data-secret=\"5dRoD6zTQO\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><p><strong>About the company:&nbsp;<\/strong><\/p><p>Ethos is India\u2019s largest luxury and premium watch retail player. The company has over 63 stores across 24 cities in India, including one duty-free store at the Delhi International Airport.&nbsp;<\/p><p>The company sells products under Brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser &amp; Cie, Rado, Longines, Baume &amp; Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet and Balmain.&nbsp;<\/p><p>Ethos Ltd. shares have gained 32% in the last six months and 105% in the last 12 months.&nbsp;<\/p><p>According to the latest shareholding pattern, the company&#8217;s promoter holds a 54.70% stake, Foreign Institutional Investors hold an 11.20% stake, and Domestic Institutional Investors hold a 14.04% stake. The ace investor Mukul Mahavir Agrawal holds a 1.95% stake in the company as of June quarter.&nbsp;<\/p><p>Ethos Management plans to open approximately 22 to 23 new stores in the fiscal year 2025, to enhance its footprint in the luxury watch retail market across India.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-338283665\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Financials: <\/strong>The company has experienced a 26% increase in revenue year-on-year, rising from \u20b9789 crore in FY 22-23 to \u20b9999 crore in FY 23-24. However, net profit has increased by 38% over the same period, increasing from \u20b960 crore to \u20b983 crore.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis&nbsp;<\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"vQFe3Z45Y5\"><a href=\"https:\/\/tradebrains.in\/features\/stocks-to-track-3-companies-order-book-more-than-their-market-capitalization\/\">Stocks to Track: 3 Companies order book more than their market capitalization\u00a0<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Stocks to Track: 3 Companies order book more than their market capitalization\u00a0&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/stocks-to-track-3-companies-order-book-more-than-their-market-capitalization\/embed\/#?secret=1KHosVnA0r#?secret=vQFe3Z45Y5\" data-secret=\"vQFe3Z45Y5\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2421485645\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of India&#8217;s leading luxury watch boutique chain rose by 2% to \u20b93,371.90 per share on Tuesday following a stake purchase by a domestic institutional investor.&nbsp; At 10:45 a.m., Ethos Ltd. shares were trading at \u20b93,301.60 per share, down 0.04% on the National Stock Exchange from the previous close price. The company has a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[21693,21691,16876,21692,5949,948,936],"class_list":["post-131444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dii-buys-stake-in-ethos","tag-ethos-latest-news","tag-ethos-share-price","tag-ethos-stake-buy","tag-mukul-agrawal-stock","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mukul Agrawal stock jumps after DII bought 1.6 Lakh shares in the company\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of India&#039;s leading luxury watch boutique chain rose by 2% to \u20b93,371.90 per share on Tuesday following a stake purchase by a domestic institutional investor.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-after-dii-bought-1-6-lakh-shares-in-the-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mukul Agrawal stock jumps after DII bought 1.6 Lakh shares in the company\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares of India&#039;s leading luxury watch boutique chain rose by 2% to \u20b93,371.90 per share on Tuesday following a stake purchase by a domestic institutional investor.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-after-dii-bought-1-6-lakh-shares-in-the-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-20T05:35:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-20T05:35:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-after-dii-bought-1-6-lakh-shares-in-the-company\/\",\"url\":\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-after-dii-bought-1-6-lakh-shares-in-the-company\/\",\"name\":\"Mukul Agrawal stock jumps after DII bought 1.6 Lakh shares in the company\u00a0 - 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