Fiem Industries Ltd opens new R&D Center

Fiem Industries Ltd has opened a new R&D Center cum Liaison Office in Japan under its wholly-owned subsidiary, Fiem Industries Japan Co. Ltd. The R&D Centre is inaugurated in august presence of Senior Officers of Honda Motor Co. Ltd., Japan.

This strategic move aims to strengthen Company's R&D capabilities to cater to all Original Equipment Manufacturers (OEMs) for Two-Wheeler and Four-Wheeler segments.

R&D Center will enhance Company's capabilities in Product Innovation, Developing New Technologies in Automotive Lighting and help Company to maintain its competitive edge in the field of Automotive Lighting. The R&D Centre also aims to focus on new technologies for electrical vehicles, autonomous driving and other cutting edge automotive technologies.

Shares of Fiem Industries Limited was last trading in BSE at Rs. 1343.30 as compared to the previous close of Rs. 1359.60. The total number of shares traded during the day was 7503 in over 1114 trades.

The stock hit an intraday high of Rs. 1369.65 and intraday low of 1338.00. The net turnover during the day was Rs. 10152649.00.

Source : Equity Bulls

Keywords

FiemIndustries INE737H01014 RandDCenter LaiaisonOffice Japan