Indian watch retailer Ethos jumps on strong Q2 results
** Shares of India's Ethos ETHO.NS up as much as 11.23% at
2,144 rupees to hit record high
** Luxury watch retailer's Q2 consol net profit rises over
37% to 185.9 mln rupees ($2.24 mln), while rev from ops jumos
over 32%
** Stock on track for fifth straight gaining session, if
trends hold
** More than 337,000 shares traded by 2:07 p.m. IST, nearly
10x the 30-day avg
** Stock last up 4.8% taking YTD gains to about 98%
($1 = 83.1375 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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