AIA Engineering Ltd.

NSE: AIAENG | BSE: 532683 | ISIN: INE212H01026 | Industry: Castings & Forgings
| Falling Comet
3196.8000 22.80 (0.72%)
NSE Apr 16, 2025 14:12 PM
Volume: 7,506
 

3196.80
0.72%
ICICI Securities Limited
Mining volumes pick up; key to growth over FY19-21E During the quarter, sales volumes came in at 61220 MT, down marginally by 0.8% YoY while H1FY20 volumes also de-grew 0.8% to 124838 MT YoY. Mining segment sales volume grew marginally by 0.9% to 40358 MT while other segment de-grew 3.8% to 20862 MT. The mining segment, which contributes more than 66%, got impacted by ~5000 MT of lesser offtake from one of the Brazilian iron ore mine customer and ~5000 MT adverse volume impact due to cautious stance by a lot of mines leading to inventory...
AIA Engineering Ltd. has an average target of 4188.67 from 3 brokers.
More from AIA Engineering Ltd.
Recommended