AIA Engineering Ltd.

NSE: AIAENG | BSE: 532683 | ISIN: INE212H01026 | Industry: Castings & Forgings
| Falling Comet
3168.7500 62.25 (2.00%)
NSE Apr 11, 2025 15:31 PM
Volume: 21,188
 

3168.75
2.00%
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. has an average target of 4188.67 from 3 brokers.
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