Shankara Building stock collapses 10% due to weak earnings guidance

Shankara Building Products lose another 10% on guidance of retail margin weakness. Shankara Building Products Ltd., which has lost around 70% of its market value in the past one year due to high valuation and weak earnings growth, expects more turmoil as it focuses on competition and improving its balance sheet.

from India Infoline News Service https://ift.tt/2zE5JnG