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HomeSHARE MARKETEarlier ₹30 Dividend, Now Bonus Share Announced; 28th February Record Date Fixed

Earlier ₹30 Dividend, Now Bonus Share Announced; 28th February Record Date Fixed

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Fiem Industries Ltd (NSE: FIEMIND): The firm is named Fiem Industries Limited. The shares of the company continue to increase. 

There’s been an increase of 10 percent during one week, 21 percent over one month, 40 percent after 3 months, and 70 percent over a year. 

The stock has earned the company a return of 310 percent over 3 years.

What Does Fiem Industries Limited Do?

The company produces spare parts for automobile companies. The company has nine modern manufacturing facilities located across different states in India. 

The company is also a significant brand in the car lighting business. It is the OEM supplier to many of the auto manufacturers in India including Honda, TVS, Suzuki, Harley Davidson, Mahindra, and more.

One bonus share was revealed at the company’s board meeting on the 15th of January. 

If a company offers investors shares for free this is known as bonus shares. Investors are given bonus shares at an exact proportion. 

This means that Fiem Industries will give the bonus in a ratio of 1:1. That means that for each share that investors purchase, they will receive a bonus share. 

Even though the equity capital is increased following the bonus issue there isn’t any change in the value of the shares. 

Since there isn’t any change in face value, the investor benefits by way of greater dividends in the future. The official date for bonus shares is set for the 28th of February. 

This means that until the date of this announcement, shares will be kept on the account of whoever’s demat. In addition, the account holder can profit from the bonus.

The stake of the promoters in the firm totals 66.56 percent. There have been no changes in the last 5 quarters. 

However, there has been a change in the number of FIIs (Foreign Institutional Investors) who have sold shares. In December 2022 they stood at 5.97 percent. 

The stake has decreased to 3.92 percent in March 2023, 3.94 percent in June, 2.9 percent during September, and 2.32 percent in December 2023.

About Fiem Industries Ltd

FIEM Industries Limited is an Indian firm that is involved in the manufacturing business and distribution of auto parts such as automotive lighting. 

It was founded in the form of Rahul Auto Private Limited on the 6th of February, 1989 located in New Delhi. It has two divisions which include the Automotive segment and its LED Luminaries segment. 

It includes automotive lighting and signaling equipment including back view mirrors and prismatic and curved mirrors, plastic molded components, and sheet metal components that are used for vehicles with motors, outdoor and indoor lights, display panels, and LED integrated passenger information systems. 

The automotive segment is a major revenue generator.

Fundamental Analysis of Fiem Industries Ltd

Market Cap₹ 3,294 Cr.
Current Price₹ 2,493
52-wk High₹ 2,590
52-wk Low₹ 1,416.25
Stock P/E22.03
Book Value₹ 608
Dividend1.20 %
ROCE26.6 %
ROE19.9 %
Face Value₹ 10.0
P/B Value4.11
OPM13.4 %
EPS₹ 113
Debt₹ 23.5 Cr.
Debt to Equity0.03

Fiem Industries Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 2500₹ 2640
2025₹ 2700₹ 2940
2026₹ 3000₹ 3200
2027₹ 3300₹ 3600
2028₹ 3750₹ 4100
2029₹ 4200₹ 4500
2030₹ 4600₹ 5000
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Fiem Industries Shareholding Pattern

Promoters Holding
Dec 202266.56%
Mar 202366.56%
June 202366.56%
Sept 202366.56%
Dec 202366.56%
FII Holding
Dec 20225.97%
Mar 20233.92%
June 20233.94%
Sept 20232.90%
Dec 20232.32%
DII Holding
Dec 20220.93%
Mar 20230.80%
June 20230.81%
Sept 20230.86%
Dec 20230.80%
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Public Holding
Dec 202226.51%
Mar 202328.73%
June 202328.68%
Sept 202329.68%
Dec 202330.30%

Fiem Industries Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 1,449 Cr
2020₹ 1,379 Cr
2021₹ 1,221 Cr
2022₹ 1,572 Cr
2023₹ 1,862 Cr

Last 5 Years’ Net Profit:

2019₹ 56 Cr
2020₹ 75 Cr
2021₹ 47 Cr
2022₹ 94 Cr
2023₹ 149 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.28
20200.11
20210.04
20220.03
20230

Last 10 Years’ Profit Growth:

10 Years:18%
5 Years:23%
3 Years:23%
Current Year:17%

Last 10 years’ Return on Equity (ROE):

10 Years:15%
5 Years:15%
3 Years:15%
Last Year:20%

Sales Growth Over 10 Years:

10 Years:12%
5 Years:8%
3 Years:10%
Current Year:1%

Conclusion

This article is a complete guide about Fiem Industries Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Also Read: Fresh Breakout Govt Share! This Is Just The Beginning; Target ₹298 In Few Months

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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