Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

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

Kacholia bought 4,51,140 Shankara Building Products shares in the September quarter, which are worth Rs 33 crore. He also entered Megastar Foods and held 1 per cent stake in the company as of September 30.

Ashish Kacholia entered Shankara Building, exited VRL Logistics in Q2

Shankara Building Products consolidated net profit rises 40.65% in the March 2022 quarter

Multibagger stock: Mukul Agrawal owns 5.50 lakh Shankara Building shares, which is 2.41 per cent of total paid-up capital of the company

Mukul Agrawal enters this multibagger stock in Q4

On the BSE, as many as 100 stocks touched their 52-week high. These included Usha Martin, Shankara Building Products, NDTV, JK Paper, Cholamandalam Investment and Finance Company.

Taking Stock | Market stages smart rebound, Nifty ends above 16,900 ahead of US Fed decision

APL will make an immediate investment of Rs 101.8 crore (through secondary market purchase plus 25 percent warrant subscription money), and the remaining investment of Rs 78.7 crore will be made within 18 months

Analysts bullish on APL Apollo Tubes, see up to 28% upside after investment in Shankara Building

Buzzing stocks: Gateway Distriparks, Sun Pharma, Zomato, APL Apollo Tubes, Shankara Building, Equitas Small Finance Bank, KEC International, Vakrangee, KM Sugar, GR Infraprojects, Godawari Ispat

Stocks to watch out for on March 22

Separately, APL Apollo Mart bought 10 lakh shares of Shankara Building at the same price.

Shankara Building MD offloads co’s shares for over Rs 75 crore

The total holding of Apollo Mart in Shankara after issue of the warrants will be 9.90% on a fully diluted basis. Total investment size of upto Rs1,805mn.

APL Apollo Tubes subsidiary to make minority equity investment in Shankara Building Products; Stock ends 5% higher

Shankara Building Products advanced 4.73% to Rs 738.65, extending gains for fourth day in a row.

Shankara Building Products extends gains for fourth day; up over 42% in one month

On January 28, 2022, Crisil Ratings had reaffirmed its ‘CRISIL BBB+/Stable/CRISIL A2’ rating on the bank facilities and commercial paper

Shankara Building hits 52-week high; surges 42% in 2 weeks

The long-term rating has been assigned at CRISIL BBB+/Stable and the short-term rating at CRISIL A2.

CRISIL assigns credit ratings on bank facilities of Shankara Building Products

Shankara Infrastructure Materials Limited is a manufacturer, distributor and retailer of steel tubes, steel and allied building products. It manufactures cold rolled strips, pre-galvanized strips, precision steel tubes, hot rolled pipes, sections etc

Shankara Building Products Ltd