Crest Ventures Receives 'Buy' Rating from MarketsMOJO, Shows Strong Growth and Returns

Crest Ventures, a smallcap company in the construction and real estate industry, has recently received a 'Buy' rating from MarketsMOJO. This upgrade comes as the company has shown healthy long-term growth, with an annual increase of 33.05% in net sales and 55.79% in operating profit. In fact, in the last quarter, the company declared outstanding results with a 647.41% growth in net profit.
The positive trend for Crest Ventures continues as the company has declared positive results for the last two consecutive quarters. Its PAT (9M) has grown by an impressive 170.26% and its operating cash flow (Y) is at its highest at Rs -7.36 crore. Additionally, the company's operating profit to interest (Q) is also at its highest at 11.54 times.

From a technical standpoint, the stock is currently in a bullish range and has shown improvement from a mildly bullish trend on 30-Oct-24. Multiple factors, such as MACD, Bollinger Band, and KST, contribute to the bullish sentiment for the stock.

Crest Ventures has also consistently delivered strong returns over the last three years, outperforming the BSE 500 index in each of the last three annual periods. In the last year alone, the stock has generated a return of 104.84%.

However, there are some risks to consider when investing in Crest Ventures. The company currently has a very expensive valuation with a price to book value of 1.3 and a ROE of 5.6. While the stock has generated impressive returns, its profits have only risen by 202.8%, resulting in a low PEG ratio of 0.1.

Another risk to note is that despite its size, domestic mutual funds hold only 0% of the company. This could indicate that they are not comfortable with the current price or the business itself. However, with its strong growth and consistent returns, Crest Ventures remains a promising investment opportunity in the construction and real estate industry.