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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