AIA Engineering Share Price Target 2023 to 2030: Can AIAENG touch 5000 INR?

AIA Engineering has been in the spotlight recently due to its strong financial performance.

The company reported net sales of Rs 1,226.85 crore in December 2022, a remarkable growth of 44.66% from the previous year. This has caused many investors to ponder whether AIA Engineering is a worthwhile stock to purchase.

In order to accurately predict the share price objective for AIA Engineering from 2023 to 2030, we will examine the company’s finances, growth prospects, and market trends in this article.

As of July 9th, 2023, AIA Engineering is trading at Rs. 3,204.00 with a marketcap of Rs.30.16TCr

Stock history of AIA Engineering

AIA Engineering Ltd. is a leading manufacturer of high-performance grinding media and equipment. Ahmedabad, India serves as the company’s headquarters. It was established in 1979. The Indian National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) both list AIA Engineering as a publicly traded company.

The history of AIA Engineering’s stock dates back to the company’s first public offering (IPO), in which it sold 10 lakh equity shares to the general public in December 1995. In January 1996, the company’s shares were admitted to trading on the BSE and the NSE..

The value of AIA Engineering’s stock has significantly increased over time. The company’s share price soared by more than 1000% between 2001 and 2007, propelled by strong financial performance and growing demand for its products.

The share price of AIA Engineering has been largely consistent over the past few years, with very modest variations between Rs 2,000 and Rs 3,500. The price of the company’s shares as of July 9th 2023 is roughly Rs 3204.

Latest news about AIA Engineering (AIAENG)

How to purchase AIA Engineering shares?

Below are the trading platforms that you can use to purchase AIA Engineering shares:

• Zerodha
• Upstox
• Groww
• AngelOne
• ICICIDirect

Share Price Prediction of AIA Engineering: 2023 to 2030

AIAENG Share Price Target 2023

AIAENG share price is expected to experience significant growth over the year, with the maximum price projected to increase from Rs 2,796.25 in March 2023 to Rs 5,002.11 in December 2023.

This represents a bullish uptrend, with the minimum price also increasing from Rs 2,150.96 in March 2023 to Rs 3,847.78 in December 2023. The growth percentage over the year is expected to be around 80%, which is quite substantial.

Investors who are considering buying AIA Engineering’s stock in 2023 may want to pay attention to these projected price ranges and factor them into their decision-making process.

AIA Engineering is trading with a P/E ratio of 28.62.

AIA Engineering Share Price Target for 2024

Looking at the projected share price range for AIA Engineering in 2024, there are indications of some volatility in the market.

While the maximum AIA Engineering share price is expected to reach Rs 7,003.17 in December 2024, the minimum price is projected to be Rs 3,629.10 in May 2024. This indicates that there may be some bearish sentiment in the market during the middle of the year.

The overall projected return for the year is still quite positive, with an expected growth rate of around 40%. The maximum price range for 2024 is expected to be between Rs 7,003.17 in December and Rs 5,265.38 in January, while the minimum price range is projected to be between Rs 3,629.10 in May and Rs 4,050.29 in January.

AIAENG Share Price Target 2025

The maximum price for AIA Engineering in 2025 is predicted to be ₹8,494.96, while the minimum price is expected to be ₹4,929.54. The data shows a bullish trend in the first half of the year with an average target price of ₹7,045.53, indicating an upside potential of 34.5%.

Analysts have a positive recommendation for AIA Engineering stock, considering its strong growth prospects and market position. However, investors should keep in mind that the stock market can be volatile, and returns are subject to market risks.

Nonetheless, AIA Engineering’s consistent performance in recent years and positive growth outlook make it an attractive investment opportunity for long-term investors.

AIA Engineering Share Price Prediction 2026-2030

Looking at the AIAENG share price prediction, AIA Engineering is expected to reach a maximum price of ₹9,098.10 and a minimum price of ₹4,162.53 in 2026. In 2027, the maximum price is predicted to be ₹5,054.50 and the minimum price is expected to be ₹3,538.15. However, in 2028, there is a significant increase in the maximum price, which is expected to reach ₹9,098.10 and the minimum price is predicted to be ₹6,368.67.

Moving on to 2029, the maximum price is predicted to reach a staggering ₹18,688.91 and the minimum price is expected to be ₹13,082.24. Finally, in 2030, the maximum price is predicted to be ₹20,812.65 and the minimum price is expected to be ₹14,568.86.

Overall, the data suggests that there is an upside potential for AIA’s share price target in the coming years, although it is recommended to consider multiple factors and consult with financial advisors before making any investment decisions.

Financial Condition of AIA Engineering: Last 5 years

Over the past five years from 2019 to 2023, the AIA Engineering’s financial performance has shown mixed results, but mostly growth. Sales figures fluctuated, reaching a peak of 4,909 Crore INR in March 2023 after a dip in the previous years. However, expenses remained high, with a steady increase each year.

Operating profit followed a similar trend, experiencing ups and downs but ultimately showing improvement, reaching 1,241 crore INR in March 2023.

AIA Engineering share price target by Experts

ICICI Direct target for the share price of AIA Engineering

ICICI Direct is optimistic about AIA Engineering and has given it a “Buy” rating with a target price of Rs 3240.

FAQS

Can we expect an increase in the share price of AIA Engineering in 2023??

By the end of 2023, it is expected that the per share price of AIA Engineering will rise to ₹5,002.

What is the share price target for AIA Engineering in 2025?

The share price target of AIA Engineering for 2025 might be around ₹8,495.

What is the share price target of AIA Engineering for 2030?

By the end of 2030, the share price of AIA Engineering is expected to reach approximately ₹20,812.65 per share.

Also read:

• Cipla Share Price Target 2023, 2024, 2025 to 2030: Can CIPLA touch 5000 INR by 2030?
• CEAT Share Price Target 2023 to 2030: Can CEATLTD touch 2500 INR in 2023?
• Bharti Airtel Share Price Target 2023, 2024, 2025 to 2030: Can BHARTIAIRTL touch 1000 INR?

Conclusion: Should you buy AIA Engineering in 2023?

AIA Engineering seems to be a potential investment option based on the rise in income, PAT, revenue, and profit during the previous five years. The company’s revenue has consistently increased, with revenues rising by 45% between 2018 and 2022.

Similarly, throughout the same time period, the profit after tax (PAT) climbed by 39%. The operating profit margin (OPM) of the business has stayed steady, which is a sign of sound money management.

Going ahead, it is anticipated that the price of an AIA share would fluctuate between 1,971.71 and 20,812.65 between 2023 and 2030. This means that there will be tremendous room for expansion in the years to come.

Although the share price goal may change based on a number of variables, AIA’s steady revenue and profit growth and sound financial management make it a desirable investment option. It has a market cap of approx 30,256 Cr. INR.

Investors looking for a long-term investment with a bright future could think about including AIA shares in their holdings.

In my opinion, AIA appears to be a smart choice for investors trying to diversify their portfolio and meet long-term financial goals due to its strong financial record and potential for future growth.

Author: Neha BhardwajHello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.