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Fiem Industries strengthens on plan to set-up a Design Centre at Italy

Fiem Industries Ltd. | Auto Ancillary | Automobiles | BSE: 532768 | NSE: FIEMIND

17 Dec 2013 Evaluate

Fiem Industries is currently trading at Rs. 339.35, up by 2.85 points or 0.85 % from its previous closing of Rs. 336.50 on the BSE.

The scrip opened at Rs. 339.90 and has touched a high and low of Rs. 343.00 and Rs. 337.95 respectively. So far 3462 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs 351.45 on 10-Dec-2013 and a 52 week low of Rs 179.05 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs 351.45 and Rs. 318.00 respectively. The current market cap of the company is Rs. 402.53 crore.

The promoters holding in the company stood at 69.96% while Non-Institutions held 30.04%.

Fiem Industries has entered into a 50:50 joint venture (JV) with Horustech Lighting S.r.l, Italy and incorporated a joint venture company (JVC), namely ‘Centro Ricerche FIEM HorustecH S.r.l.’ on December 12, 2013 to set-up a Design Centre at Correggio (RE), Italy.

The Design Centre will add new dimensions to Fiem’s designing capabilities and will prove a major strength in offering new products to its customers. The product range will include Conventional and New Generation LED automotive lighting & signaling equipments such as LED headlights, tail lights, turn signals and rear view mirrors etc. for 2-wheeler and 4-Wheeler segment and LED Luminaries for In-door and Out-door applications.

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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Fiem Industries strengthens on plan to set-up a Design Centre at Italy

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