Fiem Industries is currently trading at Rs. 221.80, up by 5.90 points or 2.73% from its previous closing of Rs. 215.90 on the BSE.
The scrip opened at Rs. 221.25 and has touched a high and low of Rs. 229.95 and Rs. 213.00 respectively. So far 13,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.90 on 25-Sep-2013 and a 52 week low of Rs. 161.60 on 18-Oct-2012.
Last one week high and low of the scrip stood at Rs. 239.90 and Rs. 190.00 respectively. The current market cap of the company is Rs. 265 crore.
The promoters holding in the company stood at 69.96% while Non-Institutions held 30.04%. Fiem Industries has been conferred first prize for Entrepreneurial Excellence in ‘ELCINA-EFY Awards for Excellence in Electronics for 2012-13’ along with ‘Certificate of Merit’ in recognition of its outstanding performance in Research & Development in the field of Electronics for its products - LED Luminaires for in-door and out-door applications and LED display and signage panels for Railways & Buses. The award is a pride recognition to the company’s Research & Development capabilities in the field of new Product Development and Technology.
Indoor applications like LED bulb and tubes, LED recess panels, LED down lighters etc. are for residential, commercial, industrial and other buildings & civil structures while the outdoor applications like LED street lights, LED road lights, LED bay lights, LED flood lights etc. are available with solar option as well as with normal power source. For Railways and Buses, the company has developed Signaling and Passenger Information System (PIS) with latest technology.
Fiem Industries is one of the leading manufacturers of automotive lighting & signaling equipments and rear view mirrors. The company is supplying its products to almost all major OEMs in the domestic market as well as few global OEMs.
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