NSE: AIAENG | BSE: 532683

Strong Performer, Getting Expensive

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3989.20 -82.30 (-2.02%)

New 52W High in past week

54,909 NSE+BSE Volume

NSE 07 Jan, 2026 3:31 PM (IST)

37,227.4

Market Cap

Market Runner Up

Beta 1Year

Low volatility

AIA Engineering Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for AIAENG, BSE:532683 AIA Engineering Ltd.

AIA Engineering Ltd.

10 Aug 2022

3989.20

-2.02%

Impressive performance led by volume growth and price hike

Accumulate: AIA Engineering Ltd.

Target

ICICI Securities Limited

AIA Engineering’s (AIAE) consolidated revenues, EBITDA and PAT came in at Rs10.8bn, Rs2.5bn and Rs1.9bn (+46%, +44% and +28% YoY), respectively.

AIA Engineering has gained 25.52% in the last 3 Months

AIA Engineering Ltd.

10 Aug 2022

3989.20

-2.02%

AIA Engineering

Buy: AIA Engineering Ltd.

Target

ICICI Direct

AIA Engineering has gained 20.30% in the last 6 Months

AIA Engineering Ltd.

26 May 2022

3989.20

-2.02%

AIA Engineering

Buy: AIA Engineering Ltd.

ICICI Direct

AIA Engineering has gained 20.30% in the last 6 Months

AIA Engineering Ltd.

28 Jan 2022

3989.20

-2.02%

AIA Engineering

Hold: AIA Engineering Ltd.

Recommendation Target

ICICI Securities Limited

New mining customer acquisition are expected to pick up as the travel situation has started to normalise in H1FY23E and will allow AIA to gain incremental volume growth in coming years despite likely base volume impact due to anti-dumping in Canada, South Africa...

AIA Engineering Ltd. is trading above all available SMAs

AIA Engineering Ltd.

10 Jan 2022

3989.20

-2.02%

AIA Engineering Ltd.

Accumulate: AIA Engineering Ltd.

Recommendation Target

CD Equisearch

With easing of some travel restrictions and lifting of consumer sentiment, AIA Engineering saw improvement in volumes which grew by 14.5% to 69064 tons in Q2 when compared 60318 tons in Q1; though yoy growth flat lined (growth a shade under 1%). Mining business accounted for much of this rise (up +30.7%) while other businesses slackened. Propelled by price hikes - accentuated by high raw material prices - revenues grew...

AIA Engineering has gained 25.52% in the last 3 Months

AIA Engineering Ltd.

02 Nov 2021

3989.20

-2.02%

AIA Engineering

Buy: AIA Engineering Ltd.

ICICI Securities Limited

New mining customer acquisitions are expected to pick up as travel situation has started to normalise in H2FY22E and will allow AIA to gain incremental volume growth in coming years despite likely base volume...

AIA Engineering has gained 20.30% in the last 6 Months

AIA Engineering Ltd.

16 Aug 2021

3989.20

-2.02%

AIA Engineering

Buy: AIA Engineering Ltd.

Target

ICICI Securities Limited

New mining customer acquisition is expected to pick up once the travel situation normalises, as expected, in H2FY22E and will allow AIA to gain incremental volume growth in coming years despite likely base volume...

AIA Engineering Ltd. is trading above all available SMAs

AIA Engineering Ltd.

26 May 2021

3989.20

-2.02%

AIA Engineering

Buy: AIA Engineering Ltd.

Target

ICICI Securities Limited

Despite challenging conditions, AIA reported reasonable volumes in Q4FY21. However, new customer engagement and acquisition are expected to pick up as the travel situation is expected to normalise in H2FY22E and will allow AIA to gain incremental volume growth in coming years despite likely short term challenges due CBA investigation on anti-dumping. AIA's strong balance sheet, decent cash balance and efficient working capital management are expected to support long term growth. We expect overall revenues, EBITDA to grow at 6.5%, 6.2%, respectively, in FY20-23E. We...

AIA Engineering Ltd. is trading above all available SMAs

AIA Engineering Ltd.

26 Mar 2021

3989.20

-2.02%

AIA Engineering Ltd.

Buy: AIA Engineering Ltd.

Recommendation Target

CD Equisearch

AIA Engineering is engaged in designing, development and manufacturing of grinding media, liners, diaphragms and vertical mill parts which finds application in grinding and crushing operations in mining, cement and thermal power generation. The current installed capacity of the company stands at 3.9...

AIA Engineering has gained 25.52% in the last 3 Months

AIA Engineering Ltd.

10 Feb 2021

3989.20

-2.02%

AIA Engineering

Buy: AIA Engineering Ltd.

Recommendation Target

ICICI Securities Limited

Further pick-up in mining volumes expected in H2FY22E During the quarter, sales volume came in at a reasonable 65173 MT in Q3FY21, up 8.1% YoY led by mining segment volumes, which grew 5.4% to 43397 MT. Cement & others segment volumes came in at 21776 MT, up 14%, YoY. Mining segment is further expected to pick up as economic activities and global travel activities are expected to normalise by Q1FY22E across the world including India while non-mining segment is also seeing good traction with revival in infrastructure, utilities spends across the world. Operations...

AIA Engineering has gained 25.52% in the last 3 Months

Is AIA Engineering Ltd. worth buying?

71 Votes:

Buy 73.24%

Sell 16.9%

Hold 9.86%

RESEARCH REPORTS

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pdf

Buy SEE REPORTS >

pdf