1979.4000 -29.60 (-1.47%)
NSE Sep 26, 2025 13:34 PM
Volume: 48,974
 

1979.40
-1.47%
Monarch Networth Capital Limited
INDIA l Institutional Research l Automobile l June 6, 2019 Fiem Industries l BUY l TP: 620 Strong clientele, LED shift, BS-VI, new alliances to illuminate growth path Fiem Industries (FIEM), one of the leading Indian manufacturers of automotive lighting & signalling equipment and rear-view mirrors, is largely focused on 2wheeler (2W) industry with HMSI and TVS Motor as major clients. Notably, the company's ten-year sales CAGR is almost double of 2W industry volume CAGR. FIEM is all set to continue its growth momentum owing to the emergence of newer trends like the shift towards LED & increased focus on safety, BSVI implementation, its...
FIEM Industries Ltd. is trading below its 30 day SMA of 2071.6
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