Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct is bullish on AIA Engineering recommended buy rating on the stock with a target price of Rs 3240 in its research report dated November 15, 2022.

Buy AIA Engineering; target of Rs 3240: ICICI Direct

ONGC, Grasim, IRCTC, Bharat Forge, Biocon, Abbott India, Balkrishna Industries, NMDC, Aarti Industries, AIA Engineering, GMR Infra, Godrej Industries and Radico Khaitan are among the companies that will announce their results for September 2022 quarter today.

Stocks in the news: LIC, Godrej Properties, ONGC, Fortis, Bharat Dynamics and ZEEL

Aarti Industries, Abbott India, Agarwal Industrial Corporation, AIA Engineering, GE Power, Apollo Tyres, Balkrishna Industries, Bharat Forge, CESC, Dish TV, Eros International, FDC, Future Lifestyle, GMR Airports, Grasim Industries, Hinduja Global, JM Financial, Khaitan, Kaveri Seed, Marksans Pharma…

Q2 results this week: Aarti Industries, Abbott India and more

This is a standard procedure carried out when there may be material changes in market conditions including input costs. The Company will continue to co-operate with CBSA in this process and will comply with any new guidelines that will be published

AIA Engineering update on sale of grinding media to Canada

AIA Engineering is on track to deliver ~30,000 tonne incremental volumes in-line with management guidance each year in FY23, FY24.

AIA Engineering - Stable Performance Set To Continue: ICICI Securities

SAL Steel said that it has entered into a supply agreement for 3 years with AIA Engineering (AIA) for supply of ferro chrome to AIA on non-exclusive basis.

SAL Steel to supply ferro chrome to AIA Engineering for 3 years

To also provide inter-corporate deposit of Rs 125 cr to SAL Steel

AIA Engineering to source ferro chrome from SAL Steel

Buzzing stocks: Infosys, Bharat Forge, JSW Steel, SAL Steel, AIA Engineering, KEC International, Krishna Ventures, Brigade, Filatex India, Praveg Communications

Stocks that will see action on September 14, 2022

AIA Engineering Ltd is a large Cap company having a market cap of ₹23,996.05 Crore operating in the industrial sector.

Do you own this multibagger stock going to give a 450% dividend soon?

The company reported 28.4 per cent growth in Q1FY23 consolidated net at Rs 191.47 crore, and total income rose by 41.2 per cent YoY to Rs 1,100.33 crore on a YoY basis.

AIA Engineering hits new 52-week high, soars over 10%

AIA Engineering - Capacity Expansion To Support Future Growth: HDFC Securities Initiates Coverage

AIA Engineering Limited is engaged in the manufacturing of high chrome mill internals. The Company is engaged in manufacturing, designing, developing, installing, and servicing high chromium wear, corrosion, and abrasion-resistant casting used in cement, mining, and thermal power generation. The Company operating segment includes manufacturing of High Chrome Mill Internals (Castings) and all other activities are incidental thereto. The Company produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. The Company's services include mill audits, turnkey installation and commissioning projects, stock assessment and management, and performance monitoring.

AIA Engineering Ltd

AIA Engineering Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy AIA Engineering; target of Rs 3240: ICICI Direct

Stocks in the news: LIC, Godrej Properties, ONGC, Fortis, Bharat Dynamics and ZEEL

Q2 results this week: Aarti Industries, Abbott India and more

AIA Engineering update on sale of grinding media to Canada

AIA Engineering - Stable Performance Set To Continue: ICICI Securities

SAL Steel to supply ferro chrome to AIA Engineering for 3 years

AIA Engineering to source ferro chrome from SAL Steel

AIA Engineering Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy AIA Engineering; target of Rs 3240: ICICI Direct

Stocks in the news: LIC, Godrej Properties, ONGC, Fortis, Bharat Dynamics and ZEEL

Q2 results this week: Aarti Industries, Abbott India and more

AIA Engineering update on sale of grinding media to Canada

AIA Engineering - Stable Performance Set To Continue: ICICI Securities

SAL Steel to supply ferro chrome to AIA Engineering for 3 years

AIA Engineering to source ferro chrome from SAL Steel

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock