24 Sep 2025 | 5 Mins Read

Shankara's share price plummets, sparking investor concerns

Flipitmoney

Shankara Building Products' share price dropped 75% to ₹242.25 due to a demerger adjustment, transferring trading business to Shankara Buildpro. The company transferred approximately 65.81% of its value to Shankara Buildpro, leaving 34.19% with Shankara Building Products. Despite a 102% net profit rise to ₹32 crore in Q1 FY26, investors hold a stake in two companies.