Timex Group India Ltd

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NSEBSE
Stock not tradded

136.10-0.40 (-0.29%)

12:00 AM,2nd Mar 2024

BSE : 500414

NSE : TIMEXWATCH

Sector : Others

ISIN Code : INE064A01026

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Last Updated: Mar 02 2024 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

1

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

68.00

All Time High Date

20 Jun 1996

All Time Low

5.05

All Time Low Date

09 Aug 2001

Timex Group India Ltd

Timex Group India Ltd (Formerly known Timex Watches Limited) was incorporated on 4 Oct.'88 and received the Certificate of Commencement of Business on 5 Jan.'89. The Company was promoted by Titan Watches (a Tata Group Company) and Timex Corporation US to manufacture 2.5 million watches at Noida UP at a cost of Rs 825 million. Currently Timex US holds a 29.68% stake in the company.In Aug.'93 the company came out with a public issue of 35.74 lac 12.5% PCDs of Rs 140 each aggregating Rs 50.04 cr to part-finance its project to manufacture wrist watches at its plant in Noida. TWL mainly caters to the low and middle price range of watches providing value for money. The company has marketing and selling arrangements to use Titan Industries marketing network of over 4300 outlets all over the country and 172 high-profile showrooms and shops. The company commenced a project for the manufacture of metal cases utilising vacuum plating in May '95. During 1999-2000 the accumulated losses of the company exceed 50% of its net worth and in order to improve the net worth the company issued 4500000 equity shares of Rs 10/- at a premium of Rs 14.25 per share.The Company constructed a new state of the art manufacturing facility in Himachal Pradesh and commenced the production from April 2007. Nautica brand was launched during 2007. The name of the Company was changed to 'Timex Group India Limited' effective from 13th October 2007. It introduced Ferra'gamo watches in 2008-09. It further launched Mark Ecko Versace Tarun Tahiliani and Helix brands in 2010-11. It expanded the number of franchised retail stores The Time Factory to 76. It launched iconic Timex products such as Intelligent Quartz - the world's smartest analog watch & Heart Rate Monitor. It launched `Timex Ceramics' with two unique products with ceramic bracelets and impeccable stainless- steel cases in 2022. In collaboration with Coca-Cola it launched 3 commemorative styles to celebrate Coca-Cola's time-honored 1971 `Hilltop' commercial and the unity message it portrays. It came together with contemporary luxury brand Judith Leiber to launch two limited-edition watch designs the T80 digital and Q analog. The United Colors of Benetton Timewear was launched as part of the licensing deal with Benetton India in 2022. Further it launched Timex Fit and Timex Fit 2.0 smartwatches with various smart features such as activity tracker telemedicine features high resolution Bluetooth calling and many more. Further Timex introduced smartwatches under the brand Helix namely Helix Metalfit and Helix Metalfit 2.0 with various smart features such as heart rate monitor SpO2 sensor sleep and activity tracker mobile notifications and music control.

Timex Group India Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1374

EPS - TTM (₹) [S]

3.58

P/E Ratio (X) [S]

18.12

Face Value (₹) 1
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]7.51
P/B Ratio (₹) [S]18.12
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

135.00

139.40

Week Low/High

135.00

145.00

Month Low/High

133.00

155.00

Year Low/High

119.80

203.00

All time Low/High

6.65

203.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-4.66%%0.910.75%
1 Month-10.46%%2.392.40%
3 Month-25.71%%9.3710.41%
6 Month-17.59%%12.8815.14%
1 Year3.34%%25.2929.19%
3 Year334.82%%46.7450.00%

Company Info

Company Information

Independent Director : Gagan Singh

Independent Director : Pradeep Mukerjee

Independent Director : Bijou Kurien

Company Sec. & Compli. Officer : DHIRAJ KUMAR MAGGO

Chairman & Non Executive Dir. : David Thomas Payne

Managing Director : Deepak Chhabra

Registered Office: 106-107 Ambadeep, 14 Kasturba Gandhi Marg,New Delhi,New Delhi-110001 Ph: 91-011-4102 1297

Email:investor.relations@timex.com

URL:http://www.timexindia.com