Shankara Building Products Achieves New High Amidst Strong Growth Metrics and Market Volatility

Jul 31 2025 03:11 PM IST
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Shankara Building Products has achieved a new 52-week high, reflecting significant volatility during intraday trading. The stock has consistently outperformed its sector and is trading above key moving averages. Over the past month and three months, it has shown substantial gains, reinforcing its strong position in the market.
Shankara Building Products has shown remarkable performance today, gaining 7.99% and reaching a new 52-week high of Rs. 1210. The stock's intraday activity was characterized by significant volatility, with a high of Rs. 1210, reflecting a 9.99% increase, and a low of Rs. 1050.15, marking a decline of 4.54%. Despite opening lower with a loss of 4.54%, the stock managed to outperform its sector by 4.93%.

In terms of moving averages, Shankara Building Products is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Over the past month, the stock has surged by 13.31%, while its performance over the last three months stands at an impressive 91.69%. Year-to-date, the stock has gained 66.11%, significantly outperforming the Sensex, which has seen a modest increase of 3.92%.

Overall, Shankara Building Products continues to demonstrate robust growth metrics, solidifying its position in the garments and apparels industry amidst a challenging market environment.
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