The IKIO Lighting share price closed at Rs. 30.58 on June 15, 2023. The stock has been on a downward trend since its IPO in June 2023. There are a few reasons for this, including:
- The global economic slowdown has dampened demand for lighting products.
- The company’s high debt levels are a cause of concern for investors.
- The company has been facing stiff competition from Chinese rivals.
Despite these challenges, IKIO Lighting has a number of strengths, including:
- A strong brand name in India.
- A wide distribution network.
- A focus on innovation.
The company is also working to reduce its debt levels and improve its profitability. If it can successfully execute its turnaround plan, the IKIO Lighting share price could rebound in the future.
Here are some other factors that could affect the IKIO Lighting share price:
- The company’s financial performance.
- The overall economic climate.
- The performance of the Indian stock market.
- Any news or announcements from the company.
If you are considering investing in IKIO Lighting, it is important to do your own research and understand the risks involved.
ikio lighting company details
IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions. It was founded in 2016 and is headquartered in New Delhi, India. The company has a vertically integrated manufacturing setup, which allows it to design, develop, manufacture, and supply LED lighting products to customers.
IKIO Lighting’s product portfolio includes LED lamps, LED luminaires, LED street lights, and LED fixtures. The company’s products are used in a variety of applications, including commercial, industrial, and residential lighting.
IKIO Lighting has a strong focus on innovation. The company has developed a number of proprietary technologies that improve the performance and efficiency of its LED lighting products. These technologies include:
- A high-power LED driver that delivers up to 90% efficiency.
- A heat sink that dissipates heat quickly and efficiently.
- A light guide that ensures even light distribution.
IKIO Lighting’s products are certified by TÜV Rheinland, a leading international testing and certification organization. The company’s products meet all applicable safety, quality, and performance standards.
IKIO Lighting is a leading supplier of LED lighting solutions in India. The company has a strong distribution network that covers all major cities in India. The company also exports its products to a number of countries, including the United States, Europe, and Southeast Asia.
IKIO Lighting is committed to providing high-quality LED lighting solutions that meet the needs of its customers. The company is constantly innovating and developing new technologies to improve the performance and efficiency of its products. IKIO Lighting is a trusted brand that is known for its quality, innovation, and customer service.
Here are some of the company’s key achievements:
- In 2022, IKIO Lighting was awarded the “Best LED Lighting Company in India” by the Indian LED Lighting Association.
- In 2021, IKIO Lighting was ranked #1 on the “Top 10 LED Lighting Companies in India” list by the Indian LED Lighting Review.
- IKIO Lighting has been featured in a number of publications, including the Wall Street Journal, Forbes, and The Economic Times.
IKIO Lighting is a growing company with a bright future. The company is well-positioned to capitalize on the growing demand for LED lighting in India and around the world.
