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PVR Inox back in the black in Q4 as blockbuster films drive earnings recoveryIn an inspiring financial turnaround, PVR INOX reported a net profit of ₹186 crore for the March quarter, bouncing back decisively from las...
Goldman Sachs, Morgan Stanley, others buy 1.45% stake in Suzlon Energy for Rs 1,309 croreMajor financial institutions like Goldman Sachs and Morgan Stanley acquired a 1.45% stake in Suzlon Energy for Rs 1,309 crore, prompting a ...
Ashish Kacholia enters two stocks but signals to exit this underperformerKacholia held 4,51,140 equity shares or 1.97 per cent stake in Shankara Building Products as of September 30
Can APL Apollo stock rerate further post investment in Shankara?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...
Buy APL Apollo Tubes, target price Rs 1,110: ICICI SecuritiesProposed investment into Shankara to strengthendistribution of structural steel tubes
Shankara Building Products snaps 9-day winning run, slides 3% on profit-takingThe 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 ...
Shankara Building promoter sells 10 lakh shares to APL Apollo Tubes' armThe shares were bought from promoter Sukumar Srinivas at Rs 755 per share.
Shankara Building Products stock slides 5%The stock quoted a 52-week high of Rs 1270.0 and a 52-week low of Rs 241.0.
Hold Shankara Building Products, target Rs 650: ICICI DirectHold Shankara Building Products Ltd. at a price target of Rs 650.
One of last year’s best IPOs is showing multibagger traits, rising 201% in 1 yearThe shares of the company got listed at 21 per cent premium over the issue price on NSE.
Shankara Building climbs over 2% as Amansa Holdings buys sharesBrokerage firm Equirus has ‘Buy’ rating on Shankara with a target price of Rs 1,859.
This one-stop shop doubled wealth in 6 months; can be a catch-it-young betSince listing, the scrip has jumped 118% from Rs 632 on April 5 to trade at Rs 1,460 on October 25.
- Buy Shankara Building Products, target Rs 1,250-1,400: ICICI Direct
ICICI Direct has a buy call on Shankara Building Products at a target Rs 1,250-1,400 and a timeframe of 18 months
Shankara Building Products lists at Rs 555, 21% premium over issue priceThe Rs 350-crore IPO, which was sold between March 22 and March 24, received overwhelming response with investors bidding for 41.88 times t...
Shankara Building to make debut today; will it shine or fizzle out?The issue price for the issue, which was sold between March 22 and March 24, has been set at Rs 460.
Shankara Building Products to make stock market debut tomorrowOn 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...
Shankara Building Products IPO subscribed 41.25 timesThe 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.
Two IPOs headed for markets this week, eye Rs 584 croreSo far this year, Music Broadcast and leading stock exchange BSE have got listed. Many companies, including the BSE-promoted CDSL, are read...
Shankara Building Products IPO to hit market on March 22; 5 things to know before subscribing to itThe company is one of the leading organised retailers of home improvement and building products in India based on the number of stores.
- APL Apollo to acquire Lloyds Line Pipes for Rs 40 crore
With this acquisition, APL Apollo would strengthen its capacity from 400,000 TPA to 490,000 TPA.