585.8500 13.40 (2.34%)
NSE May 07, 2025 15:31 PM
Volume: 29,842
 

585.85
2.34%
ICICI Securities Limited
The management of Shankara Building Products Ltd (SBPL) now believes that the company's strong future prospects lies in consolidating its position in the industry rather than aggressive store expansions. It has hence cut its store expansion target to 8-10 stores in FY19 (v/s 15-20 stores guided earlier) and aims for a payback period of 3 years. Also, SBPL shall be putting its core focus on select product categories like plumbing & sanitaryware products to achieve growth ahead. It is also bringing strict financial discipline measures like reducing debtor days,...
Shankara Building Products Ltd. is trading above its 50 day SMA of 579.3
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