Ethos debuts on a weak note; stock lists at 6% discount to issue price

Shares of Ethos listed at Rs 825, a 6 per cent discount when compard with its issue price of Rs 878 per share on the NSE.

Ethos, luxury and premium watch retail player, made a weak debut on the bourses with its shares listed at Rs 825, a 6 per cent discount when compared to its issue price of Rs 878 per share on the National Stock Exchange (NSE) on Monday. Post listing, the stock hit a high of Rs 839.95 and a low of Rs 800, the exchange data shows.

On the BSE, the stock opened at Rs 830, 5 per cent lower as against the issue price. It had hit a high of Rs 839.65 and a low of Rs 796.80 in intra-day