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AIA Engineering is currently trading at Rs. 2616.00, up by 13.60 points or 0.52% from its previous closing of Rs. 2602.40 on the BSE.

The scrip opened at Rs. 2595.00 and has touched a high and low of Rs. 2625.30 and Rs. 2594.90 respectively. So far 1722 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2821.70 on 20-Sep-2022 and a 52 week low of Rs. 1476.00 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 2821.70 and Rs. 2513.75 respectively. The current market cap of the company is Rs. 24570.46 crore.

The promoters holding in the company stood at 58.47%, while Institutions and Non-Institutions held 38.81% and 2.72% respectively.

AIA Engineering had entered into a Supply Agreement for 3 years with SAL Steel (SAL) for supply of Ferro Chrome by SAL to the company on nonexclusive basis. Consequent thereto, the company has also agreed to provide a secured Inter Corporate Deposit of Rs 125 crore to SAL which will be used by SAL to repay its loan / for working capital requirements.

AIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries. Vega Industries is a wholly owned subsidiary of AIA Engineering, exclusively supplying its products, providing customer support and technical services to customers from its offices worldwide.