Wednesday, October 29, 2008

Buy AIA ENGINEERING LTD (Target 235) - PINC Research

by Bharat Mudgal 0 comments



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AIA Engineering Ltd's (AIA) Q2FY09 results were above expectations as net sales grew by 77% to Rs2.9bn and net profits rose by 63% to Rs444mn. OPM expanded 110bps to 23.5% due to higher realisations and richer product mix.

http://www.docstoc.com/Docs/2141172/AIAEnggQ2FY09

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Bharat Mudgal
Analyst, stockMode Networks
India
bharatmudgal@stockMode.com

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