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AIA Engineering Ltd Performance

Today's Low
3,773.40
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Today's High
3,874.20
52 Wk Low
2,620.00
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52 Wk High
4,630.00


Open

3830

Traded Value (Cr)

5.67 Cr

Prev. Close

3833.95

VWAP

3828.67

Volume

26,218

Face Value

2

AIA Engineering Ltd Fundamentals

Market Cap
₹ 37,899 Cr
P/E Ratio (TTM)
33.15
P/B Ratio
6.18
Debt to Equity
0.08
ROE
19.84 %
EPS (TTM)
121.21
Dividend Yield
0.40%
Book Value
650.00

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AIA Engineering Ltd Financials

AIA Engineering Ltd Financials

AIA Engineering Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 58.47 % 58.47 % 58.47 % 58.47 %
FII 18.17 % 18.29 % 18.50 % 18.05 %
Mutual Funds 17.60 % 17.66 % 17.38 % 18.02 %
Others 3.51 % 3.38 % 3.48 % 3.42 %
Retail 2.26 % 2.20 % 2.17 % 2.05 %

Promoters

58.47%

FII

18.17%

Mutual Funds

17.60%

Others

3.51%

Retail

2.26%

Promoters

58.47%

FII

18.29%

Mutual Funds

17.66%

Others

3.38%

Retail

2.20%

Promoters

58.47%

FII

18.50%

Mutual Funds

17.38%

Others

3.48%

Retail

2.17%

Promoters

58.47%

FII

18.05%

Mutual Funds

18.02%

Others

3.42%

Retail

2.05%

Resistance and Support

₹3,769.35

PIVOT

resistance-arrow
Resistance
First Resistance₹3,846.600
Second Resistance₹3,896.750
Third Resistance₹3,974.000
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Support
First Resistance₹3,719.200
Second Resistance₹3,641.950
Third Resistance₹3,591.800
RSI45.886
MACD89.537
ADX27.862
CCI-34.414

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day26,2186,49343.88
Week42,77423,26273.94
1 Month56,04437,57965.55
6 Months26,21818,01968.73

About AIA Engineering Ltd

AIA Engineering Ltd. is engaged in manufacturing of High Chrome Mill Internals. The Company designs, manufactures and markets a wide range of consumable wear parts (Mill Internals) which are used in the process of Crushing and Grinding in Cement, Mining, Thermal Power and Aggregate industries. The Company's current capacity stands at 4,40,000 MT of annual production of High Chrome Mill Internals. AIA Engineering Ltd was incorporated on March 11, 1991, with the name Magotteaux (India) Pvt Ltd. On November 4, 1978, Ahmedabad Induction Alloys Pvt Ltd, promoted by Mr Bhadresh K Shah was incorporated. This company was merged with AIA Engineering on April 1, 1991. The name of the company was changed to AIA Magotteaux Pvt with effect from May 11, 1992. The name of the company was further changed to AIA Engineering Ltd on May 2, 2000 due to the termination of joint venture with Magotteaux International S A, Belgium. In the year 1995, the company made a technical collaboration with Southwestern Corporation (SWC), USA for process improvement in Raymond mills. In the year 1997, they associated with Alstom for process know-how for Stein designed mills for power plants. In September 2003, AIA Exports Pvt Ltd merged with the company with effect from April 1, 2002. In the same year, they acquired the 100% stake in Vega UK through Vega Middle East, thereby making all Vega companies wholly owned subsidiaries. During the year 2003-04, a wholly owned subsidiary in the name of Vega Industries (Canada) Inc was incorporated in Canada. On December 31, 2004, the company acquired entire business of Gray Cast Foundry Works (GCFW), a partnership firm and the manufacturing Division of Centricast Enterprises Pvt Ltd (CEPL). In 2005-06, the company has increased the production capacity of Castings by 1800 MT to 18600 MT. In 2006-07, they further increased the production capacity by 50000 MT to 68600 MT. In January 2007, the first phase of EOU division has commenced the trial production at their Greenfield Manufacturing facility at Moraiya in Ahmedabad. In 2008, AIA Engineering Ltd commissioned 1 lakh Mt Grinding Media Plant. From February 2008, PCCL has become a 100% Subsidiary of the company. In 2009, AIA Engineering Ltd started supply to mining companies. In 2011, the company enhanced manufacturing capacity to 2 lakh Mt. In 2013, the company achieved the milestone of 1 lakh Mt in annual sales to mining companies. On 19 January 2016, AIA Engineering announced that it has started commercial production under Phase I of its Greenfield project at GIDC, Kerala in Gujarat. The installed capacity under the first phase is 66,000 metric tonnes (Mt) per year. The company has completed its brownfield expansion of 14,000 Mt per year at its Trichy plant. With this expansion, the total installed capacity of wear parts of the Group will be augmented from 2.6 lakh Mt to 3.4 lakh Mt per year. In 2017, AIA Engineering completed Phase I of GIDC Kerala plant Greenfield project in Gujarat. On 23 May 2017, AIA Engineering informed the stock exchanges that Magotteaux International S.A. Belgium has initiated arbitral proceedings against the company and its managing director Mr. Bhadresh K Shah before the International Chamber of Commerce, London (ICC) and has claimed the reliefs of injunction and damages inter alia alleging infringement of its patent by AIA Engineering in relation to its Sintercast product and breach of the Settlement Deed in relation to its Sintercast product. According to Magotteaux, in its request for initiating Arbitration, the amount in controversy in the arbitral dispute is approximately USD 60 million, including costs and damages. AIA Engineering said it disputes this request and denies the allegations made therein and is confident of successfully defending the matter in accordance with law. As on 31 March 2018,the Company's capacity stands at 3,40,000 Mt of high chrome mill internals. The Company is in midst of expanding this capacity to 4,40,000 Mt by brownfield expansion at its existing plant in GIDC Kerala, near Ahmedabad in two phases of 50,000 Mt each. The incremental Capex to be incurred for this expansion is estimated at around Rs 350 Crore. During the year 2017-18, Vega Industries Chile SpA and AIA Ghana Limited, step down subsidiaries of the Company were incorporated by Vega Industries (Middle East) FZC. UAE, a Wholly Owned Subsidiary of the Company. During the year 2018-19, Vega Industries Australia Pty Ltd, step down subsidiary of the Company have been incorporated by Vega Industries (Middle East) FZC. UAE, a Wholly Owned Subsidiary of the Company. In 2019, the Company installed 8 Wind Turbines of 2.1 MW each. The manufacturing capacity of 50000 MT Greenfield project was commissioned at Kerala GIDC, Ahmedabad. During FY'22, the Company installed 2 Wind Turbines of total 5.4 MW, taking total renewable energy capacity to 24.3 MW. During the year 2022-23, Company acquired 26% of Paid-up Equity Share Capital of Clean Max Meridius Private Limited and Max Meridius was made an Associate Company of the Company with effect from 21 December, 2022. The Company commissioned Mining Liners Plant with a capacity of 50,000 TPA in Quarter 2 of FY 2022-23.

Managing Director

Bhadresh K Shah

Founded

1991

NSE Symbol

AIAENG

AIA Engineering Ltd Management

NameDesignation
Rajendra ShahChairman & Independent Directo
Bhadresh K ShahED / MD / Promoter
Yashwant Manubhai PatelE D & Wholetime Director
Sanjay Shailesh MajmudarIndependent Non Exe. Director
Dileep C ChoksiIndependent Non Exe. Director
Rajan Ramkrishna HarivallabhdasIndependent Non Exe. Director
Khushali Samip SolankiNon-Exec & Non-Independent Dir
Bhumika S ShodhanNon-Exec & Non-Independent Dir
Janaki Udayan ShahIndependent Non Exe. Director

AIA Engineering Ltd News

AIA Engineering consolidated net profit declines 20.67% in the December 2023 quarter
Sales decline 5.23% to Rs 1146.72 crore
AIA Engineering to conduct board meeting
On 7 February 2024
Board of AIA Engineering approves delisting of subsidiary - Welcast Steels
At meeting held on 13 December 2023
AIA Engineering consolidated net profit rises 31.97% in the September 2023 quarter
Sales decline 2.88% to Rs 1273.86 crore
AIA Engineering to table results
On 6 November 2023
AIA Engineering strengthens its mining liner business
With acquisition of 30% stake in VEGA MPS by VEGA ME (subsidiary)
AIA Engineering consolidated net profit rises 42.98% in the June 2023 quarter
Sales rise 14.62% to Rs 1220.29 crore
AIA Engineering standalone net profit rises 61.33% in the June 2023 quarter
Sales rise 14.92% to Rs 1013.60 crore
AIA Engineering to announce Quarterly Result
On 2 August 2023
Board of AIA Engineering recommends Final Dividend
Of Rs.16 per share

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AIA Engineering Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase AIA Engineering Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. AIA Engineering Ltd's share price is ₹3,834.75 as of April 19, 2024

AIA Engineering Ltd's P/E ratio is 33.15 times as of April 19, 2024.

AIA Engineering Ltd's most recent financial reports indicate a price-to-book ratio of 6.18, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. AIA Engineering Ltd's market is 37,899 Cr as on April 19, 2024.

The current financial records of AIA Engineering Ltd show a 19.84% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a AIA Engineering Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. AIA Engineering Ltd's 52-week high and low as of April 19, 2024 are ₹3874.2 and ₹3773.4 respectively.

As of the Mar 2024 quarter, the promoter shareholding in AIA Engineering Ltd stands at 58.47%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 18.29% to 18.17%.