Buy AIA Engineering, target price Rs 4,455: LKP Securities

LKP Securities recommends buying AIA Engineering Ltd. with a target price of Rs 4455. AIA Engineering reported a consolidated total income of Rs 1134.31 crore for the quarter ending 30-Sep-2024, along with a net profit after tax of Rs 256.00 crore. The company expects a reduction in FY25 volumes but remains optimistic about long-term prospects.