Time period given by analyst is seven days when Ashiana Housing Ltd. price can reach defined target.
Ashiana Housing Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 2028.62 Crore) operating in Real Estate sector.
Ashiana Housing Ltd. key Products/Revenue Segments include Real Estate Project (Completed), Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 40.43 Crore, down -50.31 % from last quarter Total Income of Rs 81.36 Crore and up 5.87 % from last year same quarter Total Income of Rs 38.19 Crore. Company reported net profit after tax of Rs -6.32 Crore in latest quarter.
Investment Rationale
The brokerage expects the stock to resolve higher and gradually head towards the earmarked target of Rs 218 levels in the coming week as it is the implied target of recent consolidation (Rs 198-180).
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