Ashiana Housing Downgraded to 'Hold' by MarketsMOJO, But Shows Strong Performance and Potential Undervaluation

Ashiana Housing, a smallcap real estate company, has recently been downgraded to a 'Hold' by MarketsMOJO. This decision was based on the company's low Debt to Equity ratio, which is currently at 0 times. However, the company has shown outstanding results in the last quarter, with a growth in Net Sales of 159.86%. In fact, Ashiana Housing has declared positive results for the last 9 consecutive quarters.
The company's performance has also been reflected in its stock, which is currently in a Mildly Bullish range. Technical factors such as MACD and KST are also showing a Bullish trend. The majority shareholders of Ashiana Housing are its promoters, which is a positive sign for investors.

In the long term, Ashiana Housing has outperformed the BSE 500 index and has generated a return of 113.63% in the last year. However, its operating profit has shown a poor growth rate of -16.14% over the last 5 years. The company's ROE is at 10.8, indicating a Very Expensive valuation with a 5.4 Price to Book Value. However, the stock is currently trading at a discount compared to its average historical valuations.

Despite its recent downgrade, Ashiana Housing has shown strong performance in the past year with a 199.1% rise in profits. Its PEG ratio, which measures the stock's valuation in relation to its growth, is at 0.2, indicating a potential undervaluation. Investors may want to hold onto their positions in Ashiana Housing and monitor its performance in the coming quarters.