India's AIA Engineering hits record high

AIA Engineering

02/11/2022 07:46

** Shares of AIA Engineering  AIAE.NS  rise as much as 4.24%
to a record high of 2,814 rupees
    ** Stock marks sharpest intraday pct gain since Sept. 20
    ** Stock on track for a third consecutive session of gain
    ** AIAE is engaged in the manufacturing of high chrome mill
internals
    ** More than 60,000 shares change hands by 0736 GMT vs
30-day avg of 58,735 shares
    ** Seven of the 11 analysts covering the stock have a "buy"
or "strong buy" rating, 3 have "hold" while 1 rates it at
"sell"; median PT is 2,660.50 rupees - Refinitiv data
    ** Stock up 44.18% YTD, as of last close
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))