Name: Latest research reports of AIA Engineering Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: AIA Engineering Ltd.
Rating: 5
Author: HDFC Securities

AIA Engineering Ltd.

NSE: AIAENG | BSE: 532683 | ISIN: INE212H01026 | Industry: Castings & Forgings
| Expensive Performer

3104.4000 -89.50 (-2.80%)

NSE May 02, 2025 15:31 PM

Near 52W Low of ₹3027.20

Volume: 34,790

AIA Engineering Ltd.

26 May 2017

3104.40

-2.80%

AIA Engineering (4QFY17): Driven down by strong FeCr. Maintain BUY

Buy: AIA Engineering Ltd.

Target

HDFC Securities

AIA Engineering (AIAE) numbers missed estimates (Adj. EBITDA: Rs 1.47bn vs est Rs 1.65bn, -13.2% YoY, -7.75 QoQ), driven by weaker volume growth in mining segment (29.6 kT, 3.4% YoY vs 9MFY17 growth of 34%).

AIA Engineering Ltd. has an average target of 4188.67 from 3 brokers.