Timex Group India is currently trading at Rs. 67.40, up by 0.10 points or 0.15% from its previous closing of Rs. 67.30 on the BSE.
The scrip opened at Rs. 66.10 and has touched a high and low of Rs. 68.40 and Rs. 66.10 respectively. So far 7706 shares were traded on the counter.
The BSE group ‘XT’ stock of face value Rs. 1 has touched a 52 week high of Rs. 102.90 on 11-Jan-2022 and a 52 week low of Rs. 36.15 on 09-Jul-2021.
Last one week high and low of the scrip stood at Rs. 71.50 and Rs. 64.25 respectively. The current market cap of the company is Rs. 678.89 crore.
The promoters holding in the company stood at 74.93%, while Institutions and Non-Institutions held 0.03% and 25.04% respectively.
Timex Group India has unveiled its Waterbury Ocean collection, an upcycled watch made of ocean-bound plastic to tackle pollution.
The innovative collection honors the Timex brand’s rich legacy of design and legendary durability and takes a purposeful step toward a more sustainable future for all with the usage of Swiss-made tide ocean material, furthering the brand’s commitment to tackling important issues such as pollution in the ocean ecosystem.
Through the partnership with tide, an award-winning organization that works to prevent new plastics from entering the ocean, the bracelet, case and dial of the Waterbury Ocean collection are made using ocean material.
Plastic is first collected by fishermen from the coastlines, which is then sorted, cleaned, shredded, and recrafted in a Swiss facility using carbon-neutral transport and solar power, where it is then upcycled.
Timepieces from this collection, through tide, commit to reducing the consumption of fossil fuels, creating employment for local communities, specifically fishermen, as well as improving the underwater habitat through its cleanup efforts.
Timex Group India designs, manufactures and markets innovative timepieces around the world.