BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura initiates AIA Engineering with buy
Nomura has initiated coverage on AIA Engineering with a "buy" rating for a target price of Rs 1,475. AIA Engineering's cost structure is better than peers and the company has around 20 per cent return on equity, the brokerage said.