Timex Group
313.75
-6.00(-1.88%)
Market Cap₹3,167.33 Cr
PE Ratio57.51
Company Performance:
1D-1.88%
1M-12.15%
6M+39.20%
1Y+81.31%
5Y+987.52%
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More news about Timex Group
03Jul 25
Luxury Watches B.V. Slashes Stake in Timex Group India by 15%
Luxury Watches B.V. has decreased its stake in Timex Group India from 74.93% to 59.93%, a 15 percentage point reduction. This change potentially increases the free float of Timex Group's shares and may impact the company's control structure. Despite the reduction, Luxury Watches B.V. remains the majority shareholder with significant influence over the company.
25Jun 25
Timex Group Files SEBI Disclosure After Completing ₹2,940 Crore OFS Transaction
Timex Group's promoter Timex Group Luxury Watches B.V. successfully completed an OFS transaction worth ₹2,940.65 crores, selling 9,018,500 equity shares representing 8.93% stake across December 29-30, 2025. The sale reduced promoter holding from 59.93% to 51.00%, with mandatory SEBI regulatory disclosure filed on January 2, 2026 by Jeffrey Grosberg, confirming full compliance with takeover regulations.
24Jun 25
Timex Group India Announces Share Sale Price at ₹175
Timex Group India has announced a share sale price of ₹175 per share. The company has not provided additional details about the total number of shares, purpose, timeline, or specific terms of the sale. This announcement may impact trading patterns and investor decisions, with stakeholders awaiting further information for a complete understanding of the share sale's implications.
24Jun 25
Timex Group Luxury Watches: 15% Stake Sale in India Arm via OFS
Timex Group Luxury Watches BV, a co-promoter of Timex Group India, plans to sell up to 15% stake through an offer for sale (OFS). The OFS includes a base issue of 7.50% equity with an additional 7.50% green shoe option. The floor price is set at ₹175.00 per share, a 7% discount to the recent closing price. The OFS will open on June 25 for non-retail investors and June 26 for retail investors. This sale could significantly impact Timex Group India's ownership structure, market perception, and stock liquidity.
06May 25
Timex Group India Reports Strong Q4 Financial Performance with Significant Profit Growth
Timex Group India announced impressive Q4 financial results, with net profit rising to ₹92.40 crore from ₹70.80 crore year-over-year. Revenue grew by 46.64% to ₹135.00 crore, while EBITDA increased by 48.40% to ₹14.38 crore. The company's EBITDA margin slightly improved to 10.65%. These results indicate successful implementation of growth strategies and operational efficiency improvements.
Timex Group
313.75
-6.00
(-1.88%)
1 Year Returns:+81.31%
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