Athos Block Deal: Goldum Sachs S 2 sells shares of Rs 48 crore in this smallcap stock

Goldem Sachs Sus sells 1.77 lakh shares of Athos Limited on Thursday through a block deal. The size of the deal is Rs. 48 crore and shares were sold at a price of Rs 2700.67, which is a 5% discount on the BSE against the previous closed price of Rs 2848.45.

The Goldum Sachs SHS holds 1.40% of its affiliate Goldum Sachs SS Funds-Goldman SS India Equity Fund, representing 43.4343 lakh shares.

Ethos is an authorized retailer of over 70 premium luxury and WATCH brands with over 70 stores in India. The company’s market capitalization is Rs. 7,282.91 crore.

The Athos shares ended at Rs 2,721.80 today, which is 126.65 or 4.45% below the closed price on Wednesday.

The stock price has dropped 4%, this year the stock lacks the stock on the D-Street this year. Over 1 year, its shares rose 8%. On the contrary, the Headline Index Nifty increased by 4% in 2025, while a period of 5.4% in the 1 year period.

According to Trendlin data, Ethos shares are currently trading at Rs 2,629 above its 50-day easy moving average (SMA) while its 200-day SMA is below Rs 2,735.

The quarterly integrated net profit of Ethos in the quarter ended March 2025 was Rs 23 crore, which is 8.2% compared to the report in the year ago. Meanwhile, the quarterly income in Q4 FY22 is Rs. 317 crore was up 261 crore against 21.6% Yoy in the corresponding quarter corresponding quarter of the previous financial year.

Momentum Indicators RSI and NFY are in the middle range of 46 and 44 respectively. The number above 70 is considered to be overcast while oversold is found below 30.

Also Read: TPG S.A.I. Life science is likely to sell 6%.

(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)