TradingView
Munish_Jain
Jan 18, 2024 4:07 AM

AIAENG | Swing TradeΒ Long

AIA ENGINEERINGNSE

Description

β‹…
πŸ“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. It’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

πŸ“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

πŸ“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.

πŸ” More Analysis & Trade Setups πŸ”
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/

Trade active

β‹…
Patience paid off

Comment

β‹…
Trail SL to cost

Trade active

β‹…

Trade closed: target reached

β‹…

Comment

β‹…
Can re-enter today
Comments
Parasuram
β‹…
stop hit?
Munish_Jain
β‹…
@Parasuram, I am going to hold it.. can take stop as closing basis. It fell suddenly after buying
More