Shares of Sonepat-based Fiem Industries have rallied over 60 per cent in the last one month. The scrip has delivered over 80 per cent return in the last one year.
The sell-off came after media reports showed that the Madras High Court has issued a notice to the company over remediation of contaminated sites within its copper smelter at Tuticorin. The return of the old issue haunted investors as they feared for the worst.