Fiem Inds hits new high
By
Research Desk
about 10 years ago
Fiem Industries had hit a new high on 14th at Rs.745 and today too, it hit a new high at Rs.757.15. Volumes have risen almost 4 times.
An auto ancillary company, it is engaged in making automotive lighting & signaling equipment and rear view mirrors, mainly for two-wheeler segment. The stock is in the news after Kotak Mahindra (International) bought 92,500 shares or 0.77% stake at Rs 700 per on Monday, 17 November 2014.
The company ended Q2FY15 with a 22% (YoY) rise in net profit at Rs.11 crore on a 17% jump in net sales at Rs.209 crore