Ethos Limited
ICICI Prudential Mutual Fund sold 26,557 shares of Ethos Limited, reducing its stake from 8.23% to 8.13%.
India's largest luxury and premium watch retail player, Ethos Limited operates an extensive network of branded stores across major cities nationwide. The company specializes in distributing and retailing high-end timepieces from leading international and domestic brands, offering customers access to prestigious collections. Ethos distinguishes itself through personalized customer service, expert knowledge, and a dominant presence in the premium watch retail segment.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.