Wednesday, January 5, 2022

only  listed  pure watch  company except  titan.@88

Timex Group has a global footprint with over 3,000 employees worldwide and manufacturing and distribution facilities in 20 countries. Its brands are sold in more than 100 Countries. 
The Co has nearly 8000 sales touchpoints in India and existing partnership with leading e-commerce platforms like Flipkart, Myntra, and Amazon. 

Brands: Timex, Versace, Furla, Salvatore Ferragamo, Ted Baker, Nautica, Helix


promotor  having 74.9% holding  in the  company. and  a  market cap of 906 cr.company  tracked  back  to  profit  with a  net  profit  of 14  cr. now  they  are selling  the watches  in  online platforms  like  flipkart, amazon  etc.I  believe the  company  will  having  re rated market cap of 2500-3000 cr .so  it  can  be at least 250-300 price range   in longer term .



 

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