Shankara Building Products hit a new high of Rs 1,572, up 9% on BSE, extending past three months rally, after the foreign portfolio investors (FPIs) increased their stake in the company in July-September (Q2FY18) quarter.
The stock is trading at its highest level since listing in April this year. In past three months, it has outperformed the market by surging 94% from Rs 811 on June 30, 2017, as compared to 2% rise in the S&P BSE Sensex.
The FPIs which were net sellers in Indian equity markets in Q2FY18 in stock exchanges, have hiked their stake in
The stock is trading at its highest level since listing in April this year. In past three months, it has outperformed the market by surging 94% from Rs 811 on June 30, 2017, as compared to 2% rise in the S&P BSE Sensex.
The FPIs which were net sellers in Indian equity markets in Q2FY18 in stock exchanges, have hiked their stake in