Key Events This Week
1 June: Stock opens at Rs.2.75, down 4.18% amid volatility
2 June: MarketsMOJO upgrades rating to Sell on improved valuation and technicals
2 June: Valuation shifts to very attractive despite recent price declines
5 June: Week closes at Rs.2.72, down 0.37% on final trading day

Ashirwad Capital Ltd Upgraded to Sell on Improved Valuation and Technicals
2026-06-02 08:33:20Ashirwad Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen its investment rating upgraded from Strong Sell to Sell as of 1 June 2026. This change is primarily driven by a marked improvement in valuation metrics, even as the company’s financial performance remains flat and its long-term fundamentals continue to show weakness.
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Ashirwad Capital Ltd Valuation Shifts to Very Attractive Amid Mixed Market Returns
2026-06-02 08:00:54Ashirwad Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen a notable shift in its valuation parameters, moving from an attractive to a very attractive rating. Despite a recent downgrade in its overall Mojo Grade to Sell, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest a compelling valuation relative to its peers and historical benchmarks.
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