[Report]: AIA Engineering – Leading Indian company for long term wealth creation
Dear Sir, Recently, in Apr’14 we shared our findings on AIA Engineering (NSE Code – AIAENG) which is India’s leading and world’s second largest manufacturer of High Chrome mill internals (HCMI). The stock was recommended to Alpha and Alpha plus members in Apr 2014 at around levels of 565-576 (CMP – 940). Summary of our findings on AIA Engineering: AIA manufactures HCMI which is largely an oligopolistic industry. AIA is the second largest company in the HCMI industry and is…