Small-cap stock Timex Group hits 10% upper circuit, scales all-time high amid stock market crash

Stock Market Today: Small-cap stock Timex Group surged 10% during the intraday trade on Thursday to hit its upper circuit limit. The stock scaled an all-time high level, even as the stock market crashed in today's session, with the BSE Sensex losing more than 1% of its value.

Timex Group share price movement

Timex Group share price opened at ₹243.95 levels on the BSE on Thursday. At the time of opening, the small-cap stock was more than 1% higher than the previous day's closing price of ₹240.20. Timex Group share price, however, gained during the morning trades to the intraday highs of ₹264.20, thus hitting its 10% upper price band. This rally seems even more impressive amid a broader market weakness.

Timex Group: A multibagger stock

The small-cap multibagger stock that was trading close to ₹21 levels in May 2020 and ₹31-32 levels in May 2021 has risen multifold during the last 4-5 years.

The intraday high for the Timex Group share price on Thursday was also a record high level for the small-cap counter.

Timex Group India Q4 results

During the March 2025 quarter (Q4FY25), Timex Group India reported a net profit growth of 30.5% to ₹9.24 crore, as earnings before interest, taxes, depreciation, and amortisation (EBITDA) expanded at a robust double-digit pace of 35%.

Timex Group highlighted that Timex, the core brand, posted robust growth of 44% in the quarter. Helped by multi-channel expansion, product innovation, and a rise in the market share of the Timex brand, Timex Group India's revenue from operations jumped by 47% to ₹135.41 crore in the January to March 2025 quarter compared to the same quarter last year.

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