Got this a couple of days ago. Bifora, a German company, went bankrupt during the quartz crisis. But an Indian merchant, Hiranand Gajria, seems to have bought the company and moved production to Banagalore in 1983. This is one of the watches:
Apparently, these movements were made in India till c.2000 - so the watch may be fairly modern.
bidfun-db Archive: Watch Movements: Bifora 91
Apart from the bent movement ring, its in good shape and keeping time.
It cost me £3.99 plus £3 postage. BUT the seller refunded me the postage in full - without me asking or anything - as he'd 'had a good day on ebay'.