Shankara Building Products Achieves 52-Week High Amid Strong Financial Performance

Shankara Building Products has made headlines today as its stock price reached a new 52-week high of Rs. 786.5, marking a significant milestone for the small-cap company in the Garments & Apparels industry. This achievement comes after a strong performance over the past four days, during which the stock has gained 11.34%, outperforming its sector by 4.39%.
The stock's upward trajectory is supported by its favorable technical indicators, as it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, Shankara Building Products has demonstrated a robust ability to service debt, reflected in its low Debt to EBITDA ratio of 1.27 times.

In terms of financial performance, the company reported impressive results for the quarter ending March 2025, with net sales reaching Rs. 1,639.16 crore and a return on capital employed (ROCE) of 16%. Over the past year, the stock has delivered a return of 20.40%, significantly outpacing the BSE 500 index, which recorded a return of 7.98%. With a strong market position and attractive valuation metrics, Shankara Building Products continues to show resilience in a competitive landscape.