Timex Group India Shares Plunge 6% on Promoter Stake Sale News

• Timex Group India shares fell over 6% after its promoter announced an Offer for Sale (OFS).
• Promoter Timex Group Luxury Watches BV will sell a 4.47% stake (45.09 lakh shares) via OFS on Dec 29-30.
• The OFS floor price is ₹275 per share; an additional 4.47% stake could be sold if oversubscribed.
• Despite the dip, Timex Group India shares have seen significant growth, up 98% in 2 years and 1000% in 5 years.
• The company reported Q3 2025 revenue of Rs 243.67 crore and net profit of Rs 30.23 crore.

Why It Matters: Timex Group India shares dropped due to a promoter stake sale, despite strong long-term performance.