Aaron Industries
Aaron Industries Performance
Day Range
- Low 271.95
- High 279.00
52 Week Range
- Low 152.10
- High 304.85
- Open Price279.00
- Previous Close273.90
- Volume6119
Start SIP in Aaron Industries
Start SIPAaron Industries Investment Rating
-
Master Rating:
-
Aaron Industries Ltd has an operating revenue of Rs. 59.27 Cr. on a trailing 12-month basis. An annual revenue growth of 48% is outstanding, Pre-tax margin of 13% is healthy, ROE of 26% is exceptional. The company has a reasonable debt to equity of 27%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 17% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -6% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at C which is evident from recent supply seen, Group Rank of 50 indicates it belongs to a fair industry group of Machinery-Mtl Hdlg/Autmn and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 14 | 16 | 16 | 14 | 14 | 12 | 13 |
| Operating Expenses Qtr Cr | 12 | 13 | 13 | 11 | 12 | 10 | 11 |
| Operating Profit Qtr Cr | 2 | 3 | 3 | 2 | 2 | 2 | 2 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | 1 | 2 | 2 | 1 | 1 | 1 | 1 |
Aaron Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹268.44
- 50 Day
- ₹266.32
- 100 Day
- ₹256.97
- 200 Day
- ₹235.65
- 20 Day
- ₹265.73
- 50 Day
- ₹268.16
- 100 Day
- ₹259.16
- 200 Day
- ₹233.71
Aaron Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 278.08 |
| Second Resistance | 282.07 |
| Third Resistance | 285.13 |
| RSI | 55.17 |
| MFI | 38.40 |
| MACD Single Line | -0.89 |
| MACD | 0.55 |
| Support | |
|---|---|
| First Resistance | 271.03 |
| Second Resistance | 267.97 |
| Third Resistance | 263.98 |
Aaron Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 6,119 | 419,274 | 68.52 |
| Week | 9,475 | 640,334 | 67.58 |
| 1 Month | 8,411 | 531,226 | 63.16 |
| 6 Month | 9,920 | 710,573 | 71.63 |
Aaron Industries Result Highlights
Aaron Industries Synopsis
NSE-Machinery-Mtl Hdlg/Autmn
Aaron Industries is involved in the business activities of Manufacture of lifting and handling equipment. Company’s Total Operating Revenue is Rs. 55.85 Cr. and Equity Capital is Rs. 10.04 Cr. for the Year ended 31/03/2023. Aaron Industries Ltd. is a Public Limited Listed company incorporated on 23/10/2013 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L31908GJ2013PLC077306 and registration number is 077306.| Market Cap | 287 |
| Sales | 59 |
| Shares in Float | 0.28 |
| No of funds | |
| Yield | 0.37 |
| Book Value | 13.49 |
| U/D Vol ratio | 0.6 |
| LTDebt / Equity | 27 |
| Alpha | 0.12 |
| Beta | 0.64 |
Aaron Industries
| Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
|---|---|---|---|---|
| Promoters | 73.06% | 74.97% | 74.97% | 74.97% |
| Mutual Funds | ||||
| Insurance Companies | ||||
| Foreign Portfolio Investors | ||||
| Financial Institutions/ Banks | ||||
| Individual Investors | 24.29% | 22.62% | 22.38% | 22.44% |
| Others | 2.65% | 2.41% | 2.65% | 2.59% |
Aaron Industries Management
| Name | Designation |
|---|---|
| Mr. Amar Chinubhai Doshi | Chairman & Managing Director |
| Mr. Karan Amar Doshi | Whole Time Director |
| Mr. Pradeepkumar Sanmukhlal Choksi | Independent Director |
| Mr. Hetal Rumendrabhai Mehta | Independent Director |
| Mrs. Shrungi Kiranbhai Desai | Independent Director |
| Mr. Monish Amarbhai Doshi | Director & CFO |
Aaron Industries Forecast
Price Estimates
Aaron Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-11-01 | Quarterly Results | |
| 2023-08-12 | Quarterly Results | |
| 2023-05-15 | Audited Results & Dividend | |
| 2023-01-24 | Quarterly Results | |
| 2022-11-12 | Quarterly Results |
Aaron Industries FAQs
What is Share Price of Aaron Industries ?
Aaron Industries share price is ₹274 As on 05 December, 2023 | 07:03
What is the Market Cap of Aaron Industries ?
The Market Cap of Aaron Industries is ₹287.1 Cr As on 05 December, 2023 | 07:03
What is the P/E ratio of Aaron Industries ?
The P/E ratio of Aaron Industries is 50.4 As on 05 December, 2023 | 07:03
What is the PB ratio of Aaron Industries ?
The PB ratio of Aaron Industries is 14 As on 05 December, 2023 | 07:03