Timex Group India Share Price Analyzed
Timex Group India’s stock price dropped significantly, falling 9.5% on the stock market. This happened because the company’s owner, Timex Group Luxury Watches B V, started selling some of its shares. The stock price went down to ₹318 per share, and the overall stock market was also slightly down.
Key Points
- Timex stock fell 9.5% due to a large share sale.
- The owner is selling up to 9.37% of the company’s shares.
- The sale will happen in two stages, December 29th & 30th.
- Minimum share price is set at ₹275, with allocations for funds.
- Timex Group makes watches and jewelry for many brands.
- The company has a market value of ₹3,278.86 crore.
About Timex Group
Timex Group makes watches and jewelry for famous brands like Timex, Ironman, Nautica, and Salvatore Ferragamo. They have been making watches since 1854 and now employ over 5,000 people around the world. The company is privately owned, meaning it’s not a publicly traded business.
The Share Sale Details
The owner is selling up to 4,509,250 shares of the company. They might sell an extra 4,509,250 shares if there’s a lot of demand. This means they could sell up to 9.37% of the company. The sale will take place on December 29th and 30th, 2025.
A small minimum price of ₹275 per share has been set for the sale. Some of the shares are also specifically for mutual funds and insurance companies, and a small amount is set aside for regular investors.
The company’s owner is reducing its stake, potentially signaling a shift in confidence in the future.
