Shankara Building Products Achieves New High Amid Strong Small-Cap Market Trends

Shankara Building Products, a small-cap player in the Garments & Apparels industry, has shown remarkable performance today, gaining 7.17% as of June 9, 2025. The stock reached a new 52-week high of Rs. 1056.6, reflecting a significant intraday increase of 13.01%. Over the past four days, Shankara has consistently gained, accumulating a total return of 16.42%.
In terms of market positioning, Shankara Building Products has outperformed its sector by 4.52% today, indicating strong relative strength. The stock opened with a gap up of 2.48%, showcasing positive momentum from the start of the trading session. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive indicator of its short- to long-term performance.

The broader market also reflects bullish trends, with the Sensex opening higher and small-cap stocks leading the charge. Shankara's impressive performance over various time frames—46.63% over the past month and 75.39% over the last three months—highlights its strong position in the market.