Timex Group India Ltd Drops 5.01%: Volatility and Mixed Signals Mark the Week

2 February 2026: Week Opens with Decline Amid Market Weakness

Timex Group India Ltd began the week at Rs.283.35, down 1.15% from the prior close, reflecting cautious investor sentiment. The stock’s decline was in line with the Sensex’s 1.03% drop to 35,814.09 points, amid broad market weakness. Trading volume was moderate at 108,216 shares, indicating measured participation as investors digested recent developments.

3 February 2026: Strong Intraday Surge on Positive Momentum

The stock rebounded sharply on 3 February, surging 7.98% to close at Rs.305.95, with an intraday high of Rs.311. This represented a significant gap up opening of 8.59%, signalling robust buying interest. The stock outperformed the Sensex, which gained 2.63% to 36,755.96, and the Gems, Jewellery and Watches sector’s 2.47% rise. This rally was supported by strong trading volumes of 410,943 shares and positive sentiment following the company’s Q2 FY26 results, which reported a 69.7% profit growth driven by a festive season surge.

Technically, the stock closed above its 5-day and 200-day moving averages, indicating short- and long-term support, though it remained below medium-term averages, suggesting resistance ahead. The elevated beta of 1.35 contributed to the pronounced price movement on this day.

4 February 2026: Sharp Gap Down and Intraday Low Amid Selling Pressure

Following the prior day’s gains, Timex Group India Ltd faced a sharp reversal on 4 February, opening with a significant gap down of 8.48% and closing at Rs.275.40, down 9.99%. The stock hit an intraday low of Rs.279.95, underperforming both its sector and the Sensex, which closed marginally higher by 0.37%. This decline reflected a shift in market sentiment, with the stock trading below all key moving averages (5, 20, 50, 100, and 200 days), signalling a prevailing downward trend.

Volume surged to over 1 million shares, indicating heightened selling activity. The downgrade of the Mojo Grade from Buy to Hold on 13 August 2025, combined with recent volatility, likely contributed to the cautious stance. Despite the broader market’s resilience, the stock’s underperformance highlighted sector-specific challenges and investor concerns.

5 February 2026: Continued Downtrend Amid Elevated Volatility

The downward momentum persisted on 5 February, with the stock closing at Rs.271.45, down 1.43%. Trading volume increased further to 1,448,084 shares, underscoring sustained selling pressure. The Sensex declined 0.53% to 36,695.11, indicating a broadly cautious market environment. Timex Group’s position below all major moving averages and its high beta profile continued to amplify price swings, limiting recovery attempts.

6 February 2026: Minor Recovery Closes Week on a Cautious Note

On the final trading day of the week, Timex Group India Ltd edged up 0.31% to close at Rs.272.30, with volume moderating to 470,454 shares. The Sensex gained 0.10% to 36,730.20, continuing its modest upward trend. While the stock showed signs of stabilisation, it remained well below its weekly high of Rs.311 and key moving averages, indicating that the broader downtrend has not yet been reversed.

Weekly Price Performance Comparison

Key Takeaways

Positive Signals: The strong intraday surge on 3 February, driven by a 69.7% profit growth in Q2 FY26, demonstrated the stock’s capacity for sharp rallies amid positive news flow. The stock’s position above short- and long-term moving averages on that day indicated underlying support levels.

Cautionary Signals: The sharp reversal on 4 February with a significant gap down and sustained selling pressure highlighted vulnerability and a shift in market sentiment. Trading below all major moving averages and a high beta of 1.35 suggest continued volatility and risk of further downside. The downgrade from Buy to Hold on 13 August 2025 reflects tempered expectations.

Market Context: While the Sensex gained 1.51% over the week, Timex Group India Ltd declined 5.01%, underperforming both the benchmark and its sector. This divergence points to company-specific and sectoral challenges amid a mixed market environment.

Overall, the week for Timex Group India Ltd was marked by heightened volatility, with a notable midweek rally offset by subsequent declines. Investors should monitor technical levels and sector developments closely as the stock navigates this uncertain phase.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →