Crest Ventures Standalone December 2022 Net Sales at Rs 18.18 crore, up 182.18% Y-o-Y

Crest Ventures consolidated net profit rises 32.66% in the December 2022 quarter

Crest Ventures has incorporated a wholly-owned subsidiary named Crest Habitat on 25 August 2022.

Crest Ventures incorporates subsidiary for real estate development

Crest Ventures divests its entire stake in Classic Mall Development Company

The Phoenix Mills (PML) announced the execution of non‐binding term sheet to acquire balance 50% equity stake in Classic Mall Development Company (CMDCL) from Crest Ventures and Escort Developers, a 100% subsidiary of Crest Ventures.

The Phoenix Mills to acquire balance 50% stake of Classic Mall Development for Rs 918 cr

Crest Ventures Consolidated December 2021 Net Sales at Rs 13.05 crore, down 3.75% Y-o-Y

Rajdarshan Ind, Trejhara Solutions L, Next Mediaworks, Mirza Intnl and Crest Ventures, hit their fresh 52-week highs at 11:26AM.

Stock market update: Stocks that hit 52-week highs on NSE

Crest Ventures Standalone September 2021 Net Sales At Rs 6.34 Crore, Down 1.55% Y-o-Y

Crest Ventures reports consolidated net profit of Rs 6.21 crore in the September 2021 quarter

Crest Ventures Standalone June 2021 Net Sales At Rs 5.99 Crore, Down 13.13% Y-o-Y

The company is doing a long-term strategic investment in Vascon which is into real estate development.

Crest Ventures to acquire 5.12% stake in Vascon Engineers for ~Rs25cr; Stock gains 4.5%

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Crest Ventures Limited is a NBFC. The Company is engaged in the acquisition of securities and in real estate and related activities. 