AIA Engineering may test Rs 1200: Yogesh Mehta

Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "AIA Engineering's results are good. The target we are looking at is almost 10 percent upside above Rs 1,080 keeping a stoploss of Rs 930. So even if you don’t keep any stoploss on an investment side and you want to keep it running, then Rs 1,150 to Rs 1,200 would be the target."

At 14:44 hrs AIA Engineering was quoting at Rs 1,001.45, up Rs 28.40, or 2.92 percent. It has touched an intraday high of Rs 1,010.60 and an intraday low of Rs 960.