Monday, June 5, 2023

FIEM Industries Limited

 


About Company


Fiem Industries Limited (FIEM) is one of the leading manufacturers of Automotive Lighting, Signaling Equipments, Rear View Mirrors, Sheet Metal and Plastic Parts in India with latest addition as Canister. With strong presence in automotive components industry, company has diversified into LED Luminaries for indoor and outdoor applications and Integrated Passenger Information System with LED Display (IPIS). Company was founded by Mr. J.K. Jain, who is a first-generation entrepreneur. He has a rich experience of about 50 years in automotive components industry and is one of the pioneers of the automotive lighting industry in India. Presently he is the Chairman & Managing Director of the Company.


Company believes in manufacturing of high-quality products at a competitive cost and has a track record of maintaining best standards in essentials parameters of Quality, Cost, Development, Delivery and Management (QCDDM). Company believes in in-house manufacturing and possesses a backward integrated manufacturing infrastructure. Company has been consistently growing despite the challenging macro-economic situation in the recent years, which reflects its fundamental strength of resilience and dynamism.


We believe that our inherent quality of constantly evaluating ourselves further strengthens our position and ensures a steady growth momentum. Our major business comes from the two-wheeler segment of the automobile industry. We manufacture a wide range of automotive systems and parts i.e. automotive lighting systems & signaling equipments, automotive LED lighting systems, rear view mirrors, sheet metal parts and plastic parts for two, three and four wheelers. Our diversified products portfolio ranging from automotive head lamps, LED head lamps, tail lamps, signaling lamps, LED tail lamps, LED signaling lamps, rear view mirrors, roof lamps, warning triangles, complete rear fender assembly, frame assembly, mudguards and various sheet metal & plastic parts etc. are capable of catering to the needs of almost all segments of automobile industry viz., two wheelers, three wheelers, four wheelers, LCVs, HTVs, tractors and Electrical Vehicles as well. In our diversification plan, we added Canister in our product portfolio.


In LED Luminaries segment, we have developed more than 100 new generation LED luminaires including LED Bulbs, Tube Lights, Down Lighters, Panel Lights, Street Lights, Bay Lights, Flood Lights etc. catering to all segment of customers like domestic, commercial, industrial institutional and government and both of their indoor and outdoor lighting requirements.


In IPIS (Integrated Passenger Information System), we are manufacturing and supplying large number of products to Indian Railways for modernization of Indian Railways, besides that we are supplying various LED display systems for Buses to State Road Transports, Schools etc.


Our manufacturing facilities are spread in major auto hubs and located at Kundli, Sonepat, Haryana (Unit-1), Hosur, Tamil Nadu (Unit-2, 3 & 5) , Mysore, Karnataka (Unit-4), Nalagarh, Himachal Pradesh (Unit-6), Rai, Sonepat, Haryana (Unit-7), Tapukara, Rajasthan (Unit-8) and Karsan Pura, Ahmedabad, Gujarat (Unit-9). The proximity of our plants to our OEM customers facilitate efficient logistic with cost saving and timely delivery.


We believe that success entails from collective competencies, technical abilities and commitment of human capital. The core strength and most valuable asset of the Company is the dedicated human capital, which synergize to deliver best quality products to the customers.


Our commitment to customer’s satisfaction in terms of quality, cost, just in time delivery and services is amply reflected in the repeat orders and awards received form customers. We have had the opportunity of being associated with some of our prestigious OEM customers since the start of their operation in India and with the passage of time, we made this relationship stronger.


In quest for continuous improvement, Company has acquired certifications such IATF 16949:2016, ISO 9001-:2015, ISO 14001:2015 & OHSAS 18001:2007. Our R&D Centre in India is recognized by Department of Science & Industrial Research, Ministry of Science & Technology, Government of India. Our Photometry Laboratory for LED Luminaires as well as for Automotive Lighting is accredited by National Accreditation Board for Testing and Calibration Laboratories (NABL). As a result of all these, we are a preferred tier-1 supplier for automotive OEMs and caters to esteemed OEMs not only in India but also in foreign countries like Japan, Europe, Asia and USA


Source - https://fiemindustries.com/


CMP - 1810

Year High - 2087

Year Low  - 983


Returns 

1 month -   2%

3 monthS - 9%

6 months - 1%

12 months  75%


Technicals - Moving Averages


20 DMA -  1835

50 DMA -  1728

100 DMA - 1678

200 DMA - 1655


Date 06 June 2023


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