AIA Engineering Ltd.

BSE: 532683 | NSE: AIAENG
Small Cap | Castings/Forgings
3801.60
-2.70 (-0.07%)
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AIA Engineering spurts on reporting 13% rise in Q2 consolidated net profit

Date: 15-11-2016

AIA Engineering is currently trading at Rs. 1229.60, up by 4.60 points or 0.38 % from its previous closing of Rs. 1225.00 on the BSE.

The scrip opened at Rs. 1230.00 and has touched a high and low of Rs. 1248.50 and Rs. 1191.95 respectively. So far 5797 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1355.00 on 04-Oct-2016 and a 52 week low of Rs. 700.00 on 16-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1293.00 and Rs. 1,191.95 respectively. The current market cap of the company is Rs. 11662.71 crore.

The promoters holding in the company stood at 61.65 %, while Institutions and Non-Institutions held 33.72 % and 4.63 % respectively.

AIA Engineering has reported 63.68% fall in its net profit at Rs 67.48 crore for second quarter ended September 30, 2016 as compared to Rs 185.80 crore for the same quarter in the previous year. Total income of the company decreased by 10.03% at Rs 537.13 crore for the quarter under review as compared Rs 597.01 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 13.25% rise in its net profit at Rs 112.35 crore for the quarter ended September 30, 2016 as compared to Rs 99.21 crore for the same quarter in the previous year. Total Income of the company has increased by 8.96% to Rs 575.69 crore for quarter under review from Rs 528.36 crore for the quarter ended September 30, 2015.