AIA Engineering share price surged by 6% during today’s half day trade. The stock had traded on a new one-year high of Rs. 1,329 on 19th August that was after the company had declared its quarter result on 16th of August. Even though the numbers were flat on both quarterly and yearly basis, the company had held its numbers just fine. The reaction of the Street has been that of appreciation. AIA engineering specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion, and abrasion resistance castings used in the cement, mining and thermal power generation.
AIA engineering share price was currently trading at Rs. 1,245. The company’s ratios are way better than those of its peers.
Ratios
|
AIAENG
|
SKFIND
|
Graphite
|
Vesuvius
|
OPM %
|
31.26
|
15.00
|
9.60
|
20.76
|
NPM %
|
17.26
|
8.59
|
3.72
|
11.44
|
EPS
|
8.41
|
11.50
|
0.56
|
11.73
|
CEPS
|
10.24
|
13.78
|
1.06
|
15.07
|
PE
|
19.08
|
33.52
|
18.95
|
25.12
|
The table shows that AIA Engineering Operating Profit Margin Ratio is maximum among its peers. This ratio measures the profitability of ventures after accounting for all costs. Also, looking at the Net Profit Margin Ratio, it is evident that the company’s profitability ratio is higher among them and that the company has the utmost percentage of profit from business operations after deducting business operating expenses, interest expenses, taxes and preferred stocks dividend from revenues. Although the company’s Earnings per shares are way behind SKA India and Vesuvius, it is ahead of Graphite in the ratio.
AIA Engineering is in the top 500 performing stocks list picked by Dynamic Levels. So far, 53,930 shares have changed hands over the NSE trading window. AIA Engineering share price opened at Rs. 1,180 against its previous close of Rs. 1,176.75. For details on the support and resistance levels of the stock, visit AIA Engineering share price forecast page of Dynamic Levels website.
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