Invesco Mutual Fund decreased its stake in Ethos Limited from 7.56% to 7.45%, selling 28,061 shares. The value of the reduced stake is approximately ₹7.23 crore at ₹2578.80 per share.
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.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
