Shankara Building Products plans to demerge steel manufacturing and building materials marketplace for tailored strategies, potentially boosting margins and growth in India's construction market.
What is covered in the Full Insight:
Overview of Shankara Building Products
India's Steel Market and Opportunities
Business Segments and Revenue Breakdown
The Demerger Scheme and Strategic Rationale
Financial Performance and Valuation
Boomeranged on Tue, 21 Jan 2025 14:16
The promoter of Kalyan Jewellers has pledged an additional 5% stake amid ongoing allegations of corporate governance issues, contributing to a continued decline in the company's share price. With this increase, the total promoter holding now pledged stands at 25%, which was initially leveraged to finance the acquisition of a 2.5% stake from Warburg Pincus.
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