3865.9000 -82.10 (-2.08%)
NSE Jan 19, 2026 15:45 PM
Volume: 39,896
 

3865.90
-2.08%
HDFC Securities
AIA Engineering (AIAE) delivered strong mining volume growth yet again (35.8 kT, 48.8% YoY), even as other segments (Cement, Power) chugged along (21.0 kT, 4.2% YoY). The volume growth ensured margins did not suffer (29.3%, -82 bps YoY, -83 bps QoQ) despite flattish realisations (Rs 100,890, -7.1% YoY, 1.9% QoQ) and a sharp surge in RM costs (up 3.6/21.6% YoY/QoQ on a per tonne basis).
AIA Engineering Ltd. has an average target of 4060.00 from 1 broker.
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