MarketsMOJO Upgrades Ashiana Housing to 'Buy' as Company Shows Impressive Results and Strong Financial Position
Ashiana Housing, a smallcap real estate company, has recently caught the attention of investors as MarketsMOJO upgraded its stock call to 'Buy' on August 5, 2024. This upgrade comes as the company has shown impressive results in the last quarter, with a growth in net sales of 159.86%. The company has also declared positive results for the past 9 consecutive quarters, showcasing its consistent performance.One of the key factors contributing to the 'Buy' recommendation is the company's low Debt to Equity ratio, which is currently at 0 times. This indicates a strong financial position and stability for the company. Additionally, Ashiana Housing has also shown a high return on capital employed (ROCE) of 11.96%, further solidifying its financial strength.
From a technical standpoint, the stock is currently in a Mildly Bullish range and has multiple bullish indicators such as MACD, KST, and DOW. The majority shareholders of the company are the promoters, which can be seen as a positive sign for investors.
Ashiana Housing has also outperformed the market (BSE 500) with a return of 77.69% in the last year, compared to the market's return of 32.89%. This market-beating performance is another reason for the 'Buy' recommendation.
However, there are some risks associated with investing in Ashiana Housing. The company has shown poor long-term growth, with an annual rate of -16.14% for operating profit over the last 5 years. Additionally, with a ROE of 10.8, the stock is currently trading at an expensive valuation with a price to book value of 4.9. However, it is worth noting that the stock is currently trading at a discount compared to its average historical valuations.
In conclusion, Ashiana Housing has shown strong financial performance and market-beating returns, making it a promising investment opportunity. However, investors should also consider the risks associated with the company before making any investment decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
