The stock market today saw sharp action in Timex Group India share price. What looked like a routine Monday morning quickly turned volatile for shareholders as the promoter’s Offer for Sale (OFS) entered the market.
By early trade on December 29, Timex Group India shares were among the most watched counters in the small-cap space. The reason was clear, visible on the ticker, and backed by official filings.
Market Performance: Sharp Fall Sets the Tone
Timex Group India share price opened under pressure and extended losses within minutes of the opening bell.
- The stock fell as much as 9.6% intraday
- Day’s low was recorded at ₹318
- The fall came after Friday’s closing price of ₹351.75 on the BSE
This decline played out as the promoter’s two-day OFS began, with the floor price set at a steep discount. The market digested the supply-heavy event almost instantly.
Main News: Promoter OFS Triggers Selling Pressure
The sharp fall in Timex Group India share price is directly linked to the promoter’s decision to sell a part of its stake through an Offer for Sale.
On Friday, the company informed exchanges that Timex Group Luxury Watches B V, the promoter entity, plans to offload a sizable number of shares via OFS.
Here are the key details investors are tracking closely:
- Up to 45,09,250 equity shares on offer
- Face value of each share: ₹1
- Represents 4.47% of total issued and paid-up share capital
The OFS is structured over two days:
- December 29 (T-Day): Only non-retail investors can bid
- December 30 (T+1 Day): Retail investors can participate, along with non-retail investors carrying forward unallotted bids
The structure itself added near-term supply pressure, which reflected immediately in Timex Group India share price during early trade.
OFS Floor Price: Discount Becomes the Pressure Point
One of the biggest triggers for today’s stock reaction was the floor price announced for the OFS.
- OFS floor price: ₹275 per share
- This is a 21.81% discount to Friday’s BSE closing price of ₹351.75
Such a deep discount tends to reset short-term price expectations. In the stock market today, this gap acted as the primary reason for aggressive selling, especially in early deals.
Oversubscription Clause Adds More Supply Possibility
The OFS also carries an oversubscription option, which added another layer of caution in the market.
If the issue is oversubscribed:
- The promoter can sell an additional 45,09,250 shares
- This represents another 4.47% stake
- Total potential OFS size rises to 8.93% of paid-up share capital
For short-term traders watching Timex Group India share price, the possibility of more shares hitting the market is an important factor influencing sentiment.
Company Update: Board Meeting on Results Announced
Alongside the OFS announcement, Timex Group India also shared a key corporate update.
The company has scheduled a board meeting to review its financial performance:
- Board meeting date: Tuesday, February 3, 2026
- Purpose: To consider and approve
- Unaudited financial results
- Quarter and nine-month period ending December 31, 2025
- Financial year referenced: FY26
This announcement provided visibility on upcoming disclosures, though it did not offset the immediate OFS-driven pressure on the share price.
Timex Group India Share Price Trend: Bigger Picture Still Matters
While the stock market today focused sharply on the intraday fall, a look at longer-term performance tells a broader story.
Despite Monday’s correction:
- Timex Group India share price is up 42% in six months
- It has gained 59% on a year-to-date (YTD) basis
- The stock has risen 60% over the last one year
Stretching the lens further:
- Over five years, the stock has delivered a massive 1024% return
- This places it firmly in the multibagger category over the long term
These numbers remain unchanged despite the current session’s volatility.
Summary: What the Market Is Reacting To?
The fall in Timex Group India share price today is not due to earnings, operations, or guidance. It is a direct response to a supply-driven event.
To recap:
- Promoter launched a two-day OFS
- Floor price set at ₹275, nearly 22% below last close
- Potential sale size could go up to 8.93% equity
- Stock reacted with a near 10% intraday fall
- Long-term performance metrics remain strong despite short-term pressure
In the stock market today, events like OFS often reshape short-term price action. Timex Group India is a textbook example of how supply dynamics can dominate sentiment, even when the broader historical trend tells a different story.
Source: Livemint
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