AIA Engineering Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
27.67% Gain from 52W Low
9.1
TTM PE Ratio
Above industry Median
32.9
Price to Book Ratio
Above industry Median
5.6
Dividend yield 1yr %
Below industry Median
0.4
TTM PEG Ratio
PEG TTM is much higher than 1
4.4
RSI
RSI is mid-range
60.4
MFI
MFI Overbought
73

AIA Engineering Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

AIA Engineering Ltd shareholding Pattern

Promoter
58.5%
Foreign Institutions
18.2%
Mutual Funds
17.6%
Domestic Institutions
20.6%
Public
2.8%
Promoter
58.5%
Foreign Institutions
18.3%
Mutual Funds
17.7%
Domestic Institutions
20.5%
Public
2.8%
Promoter
58.5%
Foreign Institutions
18.5%
Mutual Funds
17.4%
Domestic Institutions
20.3%
Public
2.7%
Promoter
58.5%
Foreign Institutions
18%
Mutual Funds
18%
Domestic Institutions
20.9%
Public
2.6%
Promoter
58.5%
Foreign Institutions
18%
Mutual Funds
18%
Domestic Institutions
21%
Public
2.5%
Promoter
58.5%
Foreign Institutions
17.8%
Mutual Funds
17.8%
Domestic Institutions
21%
Public
2.7%

AIA Engineering Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
3,791.30
10Day EMA
3,759.70
12Day EMA
3,753.80
20Day EMA
3,747.80
26Day EMA
3,751.00
50Day EMA
3,767.70
100Day EMA
3,759.80
200Day EMA
3,644.30
5Day SMA
3,791.90
10Day SMA
3,733.90
20Day SMA
3,726.10
30Day SMA
3,739.80
50Day SMA
3,806.80
100Day SMA
3,822.30
150Day SMA
3,752.80
200Day SMA
3,704.70
Delivery & Volume
Resistance & Support
3,838.28
Pivot
Resistance
First Resistance
3,864.52
Second Resistance
3,903.23
Third Resistance
3,929.47
Support
First Support
3,799.57
Second support
3,773.33
Third Support
3,734.62
Relative Strength Index
60.39
Money Flow Index
72.98
MACD
2.75
MACD Signal
-18.09
Average True Range
96.45
Average Directional Index
18.86
Rate of Change (21)
1.87
Rate of Change (125)
6.08
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AIA Engineering Ltd Company background

Founded in: 1991
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 Companys 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 knowhow 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 200304, 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 200506, the company has increased the production capacity of Castings by 1800 MT to 18600 MT. In 200607, 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 Companys 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 201718, 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 201819, 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 FY22, the Company installed 2 Wind Turbines of total 5.4 MW, taking total renewable energy capacity to 24.3 MW.During the year 202223, Company acquired 26% of Paidup 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 202223.
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AIA Engineering Ltd FAQs

AIA Engineering Ltd shares are currently priced at 3958.85 on NSE and 3967 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of AIA Engineering Ltd [AIAENG] share was 20.2. The AIA Engineering Ltd [AIAENG] share hit a 1-year low of Rs. 3100.75 and a 1-year high of Rs. 4630.

The market cap of AIA Engineering Ltd is Rs. 36085.09 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of AIA Engineering Ltd is 31.9 as of 6/13/2024 12:00:00 AM.

The PB ratios of AIA Engineering Ltd is 5.58 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 17.6% at the end of 6/13/2024 12:00:00 AM.

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