TIMEX / NSE / Jewelry & Silverware
Timex Group India
1Y Price Trend
Key Information
Recommendations
Target High465
Target Low200
Target Mean0
Target Median0
Risk Metrics
Overall RiskHigh risk
Board Risk52.87
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Timex Group India targets the entry-level watch market under ₹ 10,000, reporting strong revenue and profit growth. Despite a shift to luxury watches, the company sees the largest opportunities in affordable segments, while adapting marketing strategies to attract younger consumers.
Timex Group India's shares fell 10% in early trading on December 29 as the promoter's two-day offer for sale began, with floor prices set at a 22% discount from the last closing price.
While acknowledging the impact of smartwatches, Timex global president and CEO Tobias Reiss-Schmidt said the company continues to focus on traditional watches as he believes the two cater to different needs.
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