AIA Engineering Ltd
AIAENG

1,340.85

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1,346.75

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Reco. Price
Rs 1353.00

Last updated on 16-Jan-2017

We recommend accumulate on the stock on account of strong volume growth. This will be led by increasing adoption of high chrome grinding media vs. forged grinding media in the mining sector. The stock is trading at a PE of 30x in FY17E. (Target Price- Rs 1,434)
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50 DMA (.)
1,280.34
100 DMA (.)
1,263.19
200 DMA (.)
1,139.07
Weekly Range (.)
1,292.10
1,439.00
Monthly Range (.)
1,252.10
1,439.00
52 Weeks Range (.)
701.90
1,439.00
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