Key Events This Week
18 May: Stock hits upper circuit amid strong buying momentum
19 May: Mojo Grade upgraded from Strong Sell to Sell on technical improvements
22 May: Week closes at Rs.126.45, up 9.15% for the week
Jun 05, 03:30 PM
BSE+NSE Vol: 1.45 lacs

Shankara Building Products Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 18 May 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 30 May 2026, providing investors with the latest insights into its performance and outlook.
Read full news article
18 May: Stock hits upper circuit amid strong buying momentum
19 May: Mojo Grade upgraded from Strong Sell to Sell on technical improvements
22 May: Week closes at Rs.126.45, up 9.15% for the week

Shankara Building Products Ltd has seen its investment rating upgraded from Strong Sell to Sell, driven primarily by a shift in technical indicators despite ongoing financial challenges. The company’s quality and financial trend parameters remain weak, but improved technical signals and attractive valuation metrics have prompted a reassessment of its outlook.
Read full news article
At Rs 121.97, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Shankara Building Products Ltd locked at its upper circuit of 5% on 18 May 2026, with buyers queuing and no sellers willing to part with shares, signalling unfilled demand in a micro-cap stock with a market capitalisation of Rs 293.42 crore.
Read full news article
11 May: Stock opens at Rs.109.85, declines 1.92% amid broad market weakness
13 May: Downgrade to Strong Sell by MarketsMOJO due to weak financials and bearish technicals
14 May: Stock surges to upper circuit at Rs.110.64 (+4.99%) on strong buying interest
15 May: Another upper circuit hit at Rs.116.17 (+5.00%), closing the week on a positive note

At Rs 116.17, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Shankara Building Products Ltd locked at its upper circuit of 5% on 15 May 2026, with buyers queuing and no sellers willing to part with shares.
Read full news article
At Rs 110.64, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Shankara Building Products Ltd locked at its upper circuit of 5% on 14 May 2026, with buyers queuing and no sellers willing to part with shares.
Read full news article
Shankara Building Products Ltd has been downgraded from a Sell to a Strong Sell rating following a comprehensive reassessment of its quality, valuation, financial trend, and technical indicators. The downgrade reflects deteriorating financial performance, bearish technical signals, and subdued market returns, despite some positive signs from promoter confidence and valuation metrics.
Read full news article