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Fiem

FIEM INDUSTRIESFiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting. Co. enjoys a significant market share for supply of automotive lighting & signaling equipment and rearview mirrors to Two-wheeler and Four-wheeler OEMs Technically, I see an Inverted Head and Shoulder pattern.
NSE:FIEMINDLong
by CannySunny
FIEM INDUSTRIESThe 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
NSE:FIEMINDLong
by CannySunny
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