3487.60
2.94%
Asit C Mehta Investment Interrmediates
We initiate coverage on AIA Engineering ltd with a “BUY” recommendation and a target price
of Rs 5,106/- per share. AIAE currently trades at 31X its EV/EBITDA Multiple. The company
holds a strong position in a duopoly market.
AIA Engineering Ltd. has an average target of 4283.00 from 2 brokers.
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