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Promoters sold 5 lakh shares in Fiem Industries; Stock falls 11%
short by / on Tuesday, 4 June, 2024
Fiem Industries, a leading automotive parts manufacturer, saw its shares fall up to 11% after promoters Aanchal Jain and Rahul Jain each sold 5 lakh shares each via a bulk deal at an average price of around ₹1,170 per share, reducing their stake from 12.35% to 10.35%. Fiem Industries is an Indian firm that primarily manufactures and supplies automotive components.
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