Picture of Shankara Building Products logo

SHANKARA Shankara Building Products News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMicro CapNeutral

India's Shankara Building Products gains after Q1 profit doubles

** Shares of Shankara Building Products SHAB.NS rise 7.4% to 1,084.90 rupees

** Co's Q1 consol net profit doubles Y/Y to 324 mln rupees ($3.7 mln); revenue rises 27.3% Y/Y

** Trading vols at 690,673 shares so far, over 6x the 30-day average

** Stock set to snap four session losing streak

** SHAB up ~57% YTD

($1 = 86.5360 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

Recent news on Shankara Building Products

See all news