AIA Engineering Ltd.

BSE: 532683 | NSE: AIAENG
Small Cap | Castings/Forgings
3825.15
20.85 (0.55%)
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AIA Engineering gains on reporting 74% rise in Q3 consolidated net profit

Date: 06-02-2015

AIA Engineering is currently trading at Rs. 1095.70, up by 2.35 points or 0.21 % from its previous closing of Rs. 1093.35 on the BSE.

The scrip opened at Rs. 1130.35 and has touched a high and low of Rs. 1189.00 and Rs. 1090.10 respectively. So far 11138 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1229.00 on 28-Nov-2014 and a 52 week low of Rs. 520.55 on 06-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1175.00 and Rs. 1088.25 respectively. The current market cap of the company is Rs. 10710.08 crore.

The promoters holding in the company stood at 61.65 % while Institutions and Non-Institutions held 30.60 % and 7.75 % respectively.

AIA Engineering has registered a rise of 61.95% in its net profit at Rs 91.81 crore for third quarter ended December 31, 2014 as compared to Rs 56.69 crore for the same quarter in the previous year. Total income of the company has increased 18.84% at Rs 551.50 crore for Q3FY15 as compared Rs 464.07 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after adjustment rose 73.70% to Rs 115.04 crore for the Q3 FY15 as compared to Rs 66.23 crore in Q3 FY14. However, the total income decreased marginally by 0.26% to Rs 537.61 crore in the quarter under review as compared to Rs 539.03 crore in the corresponding quarter previous year.