AIA Engineering (CMP ₹3,056) is the world's second-largest producer of grinding media and mill internals, near debt-free, reporting strong ROCE (18.9%) and ROE (15.4%). The stock rebounded from recent lows, with resistance zone at ₹3,200–₹3,350. AGM on Sep 15 declared ₹16/share dividend and strengthened board positions. Fundamentals are robust, margins steady, and technical setup points to a possible 20–30% rally if sector momentum persists.
Short-term trade strategy: Accumulate between ₹3,000–₹3,150, initial targets ₹3,350–₹3,400, stop loss ₹2,900. Watch for price action above major moving averages and follow dividend/institutional activity.
AIA Engineering Ltd – Technical, Fundamental, and Trading Perspective (Short-Term Swing Idea)
*Global Leadership in Grinding Media: Second-largest producer worldwide, servicing cement, mining, and power sectors. Preferred supplier for major industrial clients, enhancing growth visibility.
*Strong Financial Fundamentals: Nearly debt-free balance sheet. High ROCE (18.9%) and ROE (15.4%). Operating margins 25–28%.
*Robust Dividend Policy & Governance: AGM: ₹16/share dividend for 2025, appointment of new independent director.
*Technical Setup: Current price: ₹3,055.70 (+0.19%). Support near ₹3,000; resistance zone ₹3,200–₹3,350. Trade Plan: Buy dips; stop loss ₹2,900. Target ₹3,350–₹3,400 if rally continues.
*Recent Corporate Actions: AGM and dividend news, stable board, no negative announcements.
Summary:
AIA Engineering is well-positioned for short-term swing trading due to strong technical setup, sound fundamentals, and positive catalysts like dividend declaration. Entry zone ₹3,000–₹3,150; maintain a disciplined exit strategy above ₹3,350.
Disclaimer: tinyurl.com/59ypbsrh
Short-term trade strategy: Accumulate between ₹3,000–₹3,150, initial targets ₹3,350–₹3,400, stop loss ₹2,900. Watch for price action above major moving averages and follow dividend/institutional activity.
AIA Engineering Ltd – Technical, Fundamental, and Trading Perspective (Short-Term Swing Idea)
*Global Leadership in Grinding Media: Second-largest producer worldwide, servicing cement, mining, and power sectors. Preferred supplier for major industrial clients, enhancing growth visibility.
*Strong Financial Fundamentals: Nearly debt-free balance sheet. High ROCE (18.9%) and ROE (15.4%). Operating margins 25–28%.
*Robust Dividend Policy & Governance: AGM: ₹16/share dividend for 2025, appointment of new independent director.
*Technical Setup: Current price: ₹3,055.70 (+0.19%). Support near ₹3,000; resistance zone ₹3,200–₹3,350. Trade Plan: Buy dips; stop loss ₹2,900. Target ₹3,350–₹3,400 if rally continues.
*Recent Corporate Actions: AGM and dividend news, stable board, no negative announcements.
Summary:
AIA Engineering is well-positioned for short-term swing trading due to strong technical setup, sound fundamentals, and positive catalysts like dividend declaration. Entry zone ₹3,000–₹3,150; maintain a disciplined exit strategy above ₹3,350.
Disclaimer: tinyurl.com/59ypbsrh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.