Buy FIEM Industries Ltd. target Rs 1475 : Centrum Broking
Buy FIEM Industries Ltd. at a price target of Rs 1475. FIEM is the first company in India to have an NABL accreditation for photometry lab to test automotive lamps.
By ET Bureau | Updated:
Centrum Broking has a buy call on FIEM Industries Ltd. with a target price of Rs 1475 .The current market price of FIEM Industries Ltd. is Rs 1116.2 Time period given by analyst is year when FIEM Industries Ltd. price can reach defined target.
Over the years, FIEM has reported robust top-line growth and best-inclass margins. Further, the company has not only gained traction with existing clients but has also been adding new clients and products. Extensive R&D set-up has enabled FIEM to offer superior design and development capabilities to its customers. FIEM is the first company in India to have an NABL accreditation for photometry lab to test automotive lamps.
Over the years, FIEM has reported robust top-line growth and best-inclass margins. Further, the company has not only gained traction with existing clients but has also been adding new clients and products. Extensive R&D set-up has enabled FIEM to offer superior design and development capabilities to its customers. FIEM is the first company in India to have an NABL accreditation for photometry lab to test automotive lamps.
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