Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Shankara Building Products consolidated net profit rises 40.65% in the March 2022 quarter

Multibagger stock: Mukul Agrawal owns 5.50 lakh Shankara Building shares, which is 2.41 per cent of total paid-up capital of the company

Mukul Agrawal enters this multibagger stock in Q4

On the BSE, as many as 100 stocks touched their 52-week high. These included Usha Martin, Shankara Building Products, NDTV, JK Paper, Cholamandalam Investment and Finance Company.

Taking Stock | Market stages smart rebound, Nifty ends above 16,900 ahead of US Fed decision

APL will make an immediate investment of Rs 101.8 crore (through secondary market purchase plus 25 percent warrant subscription money), and the remaining investment of Rs 78.7 crore will be made within 18 months

Analysts bullish on APL Apollo Tubes, see up to 28% upside after investment in Shankara Building

Buzzing stocks: Gateway Distriparks, Sun Pharma, Zomato, APL Apollo Tubes, Shankara Building, Equitas Small Finance Bank, KEC International, Vakrangee, KM Sugar, GR Infraprojects, Godawari Ispat

Stocks to watch out for on March 22

Separately, APL Apollo Mart bought 10 lakh shares of Shankara Building at the same price.

Shankara Building MD offloads co’s shares for over Rs 75 crore

The total holding of Apollo Mart in Shankara after issue of the warrants will be 9.90% on a fully diluted basis. Total investment size of upto Rs1,805mn.

APL Apollo Tubes subsidiary to make minority equity investment in Shankara Building Products; Stock ends 5% higher

Shankara Building Products advanced 4.73% to Rs 738.65, extending gains for fourth day in a row.

Shankara Building Products extends gains for fourth day; up over 42% in one month

On January 28, 2022, Crisil Ratings had reaffirmed its ‘CRISIL BBB+/Stable/CRISIL A2’ rating on the bank facilities and commercial paper

Shankara Building hits 52-week high; surges 42% in 2 weeks

The long-term rating has been assigned at CRISIL BBB+/Stable and the short-term rating at CRISIL A2.

CRISIL assigns credit ratings on bank facilities of Shankara Building Products

As per the shareholding pattern of December 2021, Amansa Holdings Private Limited held 9.45 percent stake (or 21.59 lakh equity shares) in Shankara Building Products.

Bulk Deals | Amansa Holdings offloads 8.68% stake in Shankara Building Products

Shankara Infrastructure Materials Limited is a manufacturer, distributor and retailer of steel tubes, steel and allied building products. It manufactures cold rolled strips, pre-galvanized strips, precision steel tubes, hot rolled pipes, sections etc

Shankara Building Products Ltd

Shankara Building Products Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Shankara Building Products consolidated net profit rises 40.65% in the March 2022 quarter

Mukul Agrawal enters this multibagger stock in Q4

Taking Stock | Market stages smart rebound, Nifty ends above 16,900 ahead of US Fed decision

Analysts bullish on APL Apollo Tubes, see up to 28% upside after investment in Shankara Building

Stocks to watch out for on March 22

Shankara Building MD offloads co’s shares for over Rs 75 crore

APL Apollo Tubes subsidiary to make minority equity investment in Shankara Building Products; Stock ends 5% higher

Shankara Building Products Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Shankara Building Products consolidated net profit rises 40.65% in the March 2022 quarter

Mukul Agrawal enters this multibagger stock in Q4

Taking Stock | Market stages smart rebound, Nifty ends above 16,900 ahead of US Fed decision

Analysts bullish on APL Apollo Tubes, see up to 28% upside after investment in Shankara Building

Stocks to watch out for on March 22

Shankara Building MD offloads co’s shares for over Rs 75 crore

APL Apollo Tubes subsidiary to make minority equity investment in Shankara Building Products; Stock ends 5% higher

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock