Upper Circuit Alert: Lighting and Fixtures Company Bags Order Worth Rs 2,10,00,000 From Centrepoint, Dubai, UAE

The company has a market cap of over Rs 750 crore and the stock is up by 75 per cent from its 52-week low of Rs 63.78 per share.

Focus Lighting's wholly-owned subsidiary, Plus Light Tech FZE, has secured an international retail project order worth Rs 2,10,00,000 (AED 9,18,000 excluding VAT) from Centrepoint (Landmark Retail Investment Co. L.L.C) in the United Arab Emirates for the manufacture, supply, and delivery of lighting and fixtures, with the project located in Dubai and scheduled for completion within the next four months.

Focus Lighting & Fixtures Limited, established in 2005, specializes in the manufacturing and trading of innovative LED lighting solutions, offering a diverse portfolio of spotlights and downlights such as the Array Pro, Dione Cove and Magnus series, alongside infrastructure and railway lighting solutions like façade, underwater, and passenger lights; the company markets its products under the brand names Plus Light Tech, Trix and Lumens & Beyond.

On Thursday, shares of Focus Lighting & Fixtures Limited hit a 5 per cent upper circuit to Rs 111.58 per share from its previous closing of Rs 106.27 per share. The stock’s 52-week high is Rs 175.90 per share and its 52-week low is Rs 63.78 per share. The shares of the company have a PE of 31x, an ROE of 36 per cent and an ROCE of 39 per cent. The company has a market cap of over Rs 750 crore and the stock is up by 75 per cent from its 52-week low of Rs 63.78 per share. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.