Positional Setup: FIEM Industries Ltd (FIEMIND)

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Positional Setup: FIEM Industries Ltd (FIEMIND)FIEM INDUSTRIES LTDNSE:FIEMINDRajputAmarjit📌 Timeframe: Weekly 📈 CMP: ₹1,969.50 🧭 Structure: Stock has retested breakout level of ~₹1,800–1,820 zone and shown strong bullish reversal this week (+7.39%). Sustaining above ₹1,820 confirms breakout retest success. Volume confirmation along with rising 5/9/20 EMA stack = strong positional continuation signal. RSI healthy and rising – not yet overbought. 🔍 Key Levels: Support: ₹1,810 / ₹1,640 Resistance / Targets: 🎯 T1: ₹2,120 🎯 T2: ₹2,350 🎯 T3: ₹2,600+ (ATH breakout scenario) 📍 Stop Loss (weekly close basis): ₹1,770 📊 Fundamental Highlights: Market Cap: ₹5,184 Cr (~46% growth Y‑o‑Y) screener.in Revenue (FY25): ₹2,423 Cr Net Profit (FY25): ₹205 Cr P/E Ratio: ~25.6x screener.in Book Value: ₹394 Dividend Yield: ~1.5% (payout ~39%) screener.in ⚙️ Profitability & Margins Return on Capital Employed (ROCE): ~27.8% Return on Equity (ROE): ~21.0% screener.in Operating Margin stable at ~13% over last 5 quarters 📈 Growth Metrics 5‑year sales CAGR: ~12% 5‑year PAT CAGR: ~22% 1‑year stock CAGR: ~47% screener.in 📚 Balance Sheet Strength Almost debt-free (borrowings ~₹22 Cr vs equity ~₹1,038 Cr) screener.in Cash Conversion Cycle (working capital) stable around 30–40 days screener.in ⚠️ Promoter & Shareholding Promoter stake: ~59% (down from ~66% in FY22) screener.in Institutional (FII/DII) presence: ~10% (modest) screener.in 🧠 Key Takeaways Strengths Risks Healthy profitability (ROCE ~28%, ROE ~21%)Promoter dilution over past years Strong margin consistency (~13%) Stock trades at premium P/E vs peers Debt-free balance sheet Exports/OEM dependency may face Consistent dividend payout (~39%) Commodity/rubber price fluctuations impact