597.5500 -1.40 (-0.23%)
NSE May 02, 2025 15:31 PM
Volume: 28,805
 

597.55
-0.23%

Shankara Buildi

Kotak Securities
Shankara Building Products Ltd revenues were much ahead of our estimates but margins came lower than expectations due to sharp decline in enterprise and channel segment margins. Company is looking at higher revenue trajectory and in this process, margins may get impacted to some extent in the interim. However, more clarity would emerge in coming 1-2 quarters on the trade-off between higher revenues and slightly lower than expected margins. Though Q1FY19 was a strong quarter, company has mentioned that...
Shankara Building Products Ltd. is trading above its 150 day SMA of 589.6
More from Shankara Building Products Ltd.
Recommended