Fiem Industries Surges On Becoming Sole Supplier Of Auto Parts To Ola Electric

Shares of the automotive light and indicator maker, Fiem Industries, rose as much as 20 per cent to hit record high of Rs 951.80 after the company informed exchanges that it became sole supplier for some auto parts to Ola Electric Mobility. Fiem Industries became the sole supplier of Head Lamps, Tail Lamps, Indicators, Rear Fender Assembly and Mirrors to Ola Electric Mobility, the company said in an exchange filing.