Update shared on06 Sep 2025
Fair value Increased 7.69%The consensus analyst price target for Ethos has been raised from ₹3,250 to ₹3,500 as both the future P/E and discount rate remain effectively unchanged, indicating a higher fair value assessment without a shift in key valuation assumptions.
What's in the News
- Ethos incorporated "Micron Watch Services Private Limited" as a subsidiary to set up watch service centers in select Indian cities, holding a 50.1% stake; Mr. Yashovardhan Saboo acts as nominee shareholder.
- Scheduled a board meeting to approve unaudited financial results for the quarter ended June 30, 2025, and appoint Mr. Vishal Arora as Secretarial Auditor.
- Considered and completed allotment of 2,277,250 fully paid-up equity shares on a rights basis at INR 1,800 per share.
- Completed a follow-on equity rights offering, raising INR 4.09905 billion through the issuance of 2,277,250 common shares at INR 1,800 each.
Valuation Changes
Summary of Valuation Changes for Ethos
- The Consensus Analyst Price Target has risen from ₹3250 to ₹3500.
- The Future P/E for Ethos remained effectively unchanged, moving only marginally from 52.43x to 52.09x.
- The Discount Rate for Ethos remained effectively unchanged, moving only marginally from 15.03% to 15.01%.
Disclaimer
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