Timex Group Luxury Watches BV, the promoter of Timex Group India, has announced an OFS of up to 45,09,250 shares (4.47 per cent stake) in Timex Group India
Shares of Apollo Micro Systems soared 12% to ₹271.60 on the BSE in intra-day trade, and have zoomed up to 56% thus far in the month of August.
With double-digit growth, new launches, and deeper India focus, Timex aims to be the second-largest international watch brand in the country