Munish_Jain

AIAENG | Swing Trade

Long
NSE:AIAENG   AIA ENGINEERING
๐Ÿ“Š DETAILS
Sector: Engineering - Industrial Equipments
Mkt Cap: 35,316 cr

AIA ENGINEERING LIMITED was established in 1979 at Ahmedabad, India.. They are into designing, developing, manufacturing and installation of abrasion and corrosion resistant castings. Itโ€™s the Second Largest Hi-Chrome casting producer in the world.
The company has 11 subsidiaries in countries including India, UAE, UK, USA, etc,.

TTM PE : 29.01 (Low PE)
Sector PE : 29.84
Beta : 0.13

๐Ÿ“š INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation

3.36% away from 52 week high
Outperformer - AIA Engineering up by 3.27% v/s NIFTY 50 up by 0.72% in last 1 month

๐Ÿ“ˆ FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

๐Ÿ” More Analysis & Trade Setups ๐Ÿ”
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com/u/Munish_Jain/
Trade active:
Patience paid off
Comment:
Trail SL to cost
Trade active
Trade closed: target reached
Comment:
Can re-enter today
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.