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The company has done well over the past two years thanks to the strong bounce back in demand after the pandemic

The Nikkei closed 1.8% higher at 29,106.01, after surging at the open and holding those gains through the afternoon.

The benchmark Nikkei average fell 1.2% to 22,259.79, its lowest closing level since June 15.

A third of the company's revenues comes from LED bulbs, tube lights and mobile phones.

This latest offering from the company is developed in-line with the brand’s promise & tag line “Play Life, Ur Way”.