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: Other Industrial Goods
| Falling Comet

3091.3000 -99.35 (-3.11%)

NSE Apr 07, 2025 15:31 PM

New 52W Low today

Volume: 25,330

AIA Engineering Ltd.

26 May 2017

3091.30

-3.11%

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%).

Number of FII/FPI investors decreased from 271 to 255 in Dec 2024 qtr