FIEM INDUSTRIES
The co. enjoys a significant market share for the supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs. It has diversified its product portfolio by venturing into LED Luminaires for Indoor and Outdoor applications and Integrated Passenger Information Systems with LED Display. It is a sole Supplier to Ola Electric for Headlamps, Tail Lamps, Indicators, Rear Fender Assembly and Mirrors. From 2018 to 2022, the co. has launched 7 models using the World’s smallest Bi-functional LED Headlight.
The market share in the conventional lighting side in FY22, is estimated to be more than 30%.
Its top three customers contributed ~71% of revenues in FY22
Some of the top clients of the co. are :
Two Wheeler- Honda, TVS, Yamaha, Suzuki, Eicher Royal Enfield
Four Wheeler- Tata Marcopolo, Force Motors, Honda Siel, Hyundai
EV- Ola, Hero Electric
The market share in the conventional lighting side in FY22, is estimated to be more than 30%.
Its top three customers contributed ~71% of revenues in FY22
Some of the top clients of the co. are :
Two Wheeler- Honda, TVS, Yamaha, Suzuki, Eicher Royal Enfield
Four Wheeler- Tata Marcopolo, Force Motors, Honda Siel, Hyundai
EV- Ola, Hero Electric
Trade active
Note
Expecting some good action here over the next fortnight.Trade active
I'm expecting some fireworks soon. CMP: 1930Note
Getting ReadyNote
Target 1 Achieved. 14%
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.