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Trades about 27% below its sector, cheaper than its peers on earnings.
Aaron Industries Limited, an Indian company established in 2013 and based in Surat, specializes in the manufacturing and distribution of elevators and their associated components across India. The firm's operations are segmented into three primary divisions: Elevator production, Electrical equipment supply, and Steel Polishing services. Its elevator offerings encompass a wide array of products, such as passenger cabins, complete door systems (including frames), various spare parts, automated door mechanisms, door operators, conventional swing and manual doors, and advanced gearless machinery. Furthermore, the company provides electrical apparatus, including distribution boards, various enclosures, and busbar systems. The Steel Polishing division undertakes specialized finishing work, offering mirror and matte polishes for stainless steel, as well as producing stainless steel press plates and custom-designed sheets.
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