Name: Latest research reports of AIA Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: AIA Engineering Ltd.
Rating: 3
Author: ICICI Securities Limited

AIA Engineering Ltd.

NSE: AIAENG | BSE: 532683 | ISIN: INE212H01026 | Industry: Other Industrial Goods
| Expensive Performer

3328.7500 78.05 (2.40%)

NSE Mar 21, 2025 15:31 PM

32.75% Fall from 52W High

Volume: 120.8K

High volume today

AIA Engineering Ltd.

01 Feb 2020

3328.75

2.40%

AIA Engineering

Hold: AIA Engineering Ltd.

ICICI Securities Limited

Subdued mining volumes to impact FY20E performance During the quarter, sales volumes came in at 60263 MT, which grew marginally by 1.7% YoY while 9MFY20 volumes remained flat YoY to 185101 MT YoY. Mining segment sales volume grew marginally by 2.7% to 41162 MT while other segment came in flat at 19101 MT. Mining segment, which contributes more than 66%, got impacted by loss of volumes of ~18000 to 20000 MT from one of the Brazilian iron ore mine customer and ~5000 MT due to mining shutdown of one copper mining customer. Accordingly, the...

AIA Engineering Ltd. is trading above its 30 day SMA of 3316.7