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Fiem Industries gains on bagging order worth Rs 11.53 crore from EESL

05 Jan 2015 Evaluate

Fiem Industries is currently trading at Rs. 876.00, up by 2.15 points or 0.25% from its previous closing of Rs. 873.85 on the BSE.

The scrip opened at Rs. 875.00 and has touched a high and low of Rs. 889.00 and Rs. 873.00 respectively. So far 8628 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 893.85 on 02-Jan-2015 and a 52 week low of Rs. 301.10 on 12-Feb-2014.

Last one week high and low of the scrip stood at Rs. 893.85 and Rs. 807.00 respectively. The current market cap of the company is Rs. 1055.19 crore.

The promoters holding in the company stood at 69.96% while Institutions and Non-Institutions held 5.97% and 24.08% respectively.

Fiem Industries has received ‘Letter of Award’ from Energy Efficiency Services (EESL) for supply of ‘Self Ballasted 7W LED Bulbs’ to be supplied at West Godavari and Srikakulam - Andhra Pradesh. The company has participated in the tender and ‘Letter of Award’ is for supply of 7.74 lakh 7W LED Bulbs and the total contract value is worth Rs 11.53 crore. The bulbs will be supplied in next around three month’s period.

Apart from existing business of auto components, the company’s management is relentlessly working to build future growth drivers in the form of two new businesses of ‘LED Luminaires’ and Integrated Passenger Information System with LED Display (IPIS) for Railways and Buses.

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.

Fiem Inds Share Price

2258.80 27.55 (1.23%)
17-Apr-2026 16:59 View Price Chart
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SamvardhanaMotherson 125.00
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