APL Apollo had in the past acquired a 200,000 MTPA tube manufacturing unit from Shankara in April 2019 for Rs 70 crore. Analysts noted that...

Proposed investment into Shankara to strengthendistribution of structural steel tubes

The company said on Monday that said a wholly-owned subsidiary of APL Apollo Tubes, APL Apollo Mart, had bought 10,00,000 equity shares of ...

The shares were bought from promoter Sukumar Srinivas at Rs 755 per share.

The stock quoted a 52-week high of Rs 1270.0 and a 52-week low of Rs 241.0.

Among the 50 components in the Nifty index, 36 shares were trading in the green, while 14 were in the red.

Hold Shankara Building Products Ltd. at a price target of Rs 650.

The shares of the company got listed at 21 per cent premium over the issue price on NSE.

Brokerage firm Equirus has ‘Buy’ rating on Shankara with a target price of Rs 1,859.

Since listing, the scrip has jumped 118% from Rs 632 on April 5 to trade at Rs 1,460 on October 25.

ICICI Direct has a buy call on Shankara Building Products at a target Rs 1,250-1,400 and a timeframe of 18 months

On EV/Sales, the stock is valued at 0.6 times, while it is valued at 19 times its earnings per share (EPS) on 9MFY17 annualised basis (post...

The IPO received bids for 21.84 crore shares against the total issue size of 52.94 lakhs shares, according to exchange data at 7 pm.

According to data available with NSE, the issue had received bids for 20,20,60,192 shares, which was 38.16 times of the total issue size of...

The company has raised Rs 103.50 crore from anchor investors. A total of 22.50 lakh shares were issued to 16 anchor investors at a price of...

The IPO Shankara Building Product, which hit the market today, is seen by some industry watchers as sign of improved investor confidence on...

The company is one of the leading organised retailers of home improvement and building products in India based on the number of stores.