In the 1970s, the cheap and highly accurate quartz technology nearly wiped out mechanical watches.
"Consumers are evolving and their needs are changing... even from a traditional watch perspective, our customers will want a watch which is analog but has some smart features. By 2020, at least 30 per cent of our sales will come from watches with smart features," Timex Group India Head for Sales and Marketing Anupam Mathur told PTI.
The company launched Metropolitan+ exclusively on Amazon.in priced at Rs 9,995. After two months, the product will also be sold at the company's over 3,000 points of sales and Timex's 80 exclusive showrooms.
Aashish Tater of Fort Share Broking, in a discussion with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, shared his views on a few of these stocks from midcap space like Timex and Alfa Laval.
Aashish Tater, Head of Research, Fort Share Broking is of the view that Timex can go upto Rs 100 with long term perspective.
Aashish Tater, Head of Research, Fort Share Broking, joins CNBC-TV18 to give a few multi-bagger ideas. He also gives his view of the markets today.
In a market that is smitten with uncertainty, and where investors are wary about where to park their money, here is a list of six smallcap stocks you must know about and why.