steel

[Stock note] – Shankara Building Products…aiming for 20-25% growth in sales

Hello Sir, Hope you are doing well. In India, building materials sector has experienced a consistent growth and business expansion. The thrust in infrastructure development, coupled with the uptake in real estate demand is positive for the sector. Source: Shankara Building Products Investor Presentation   Shankara Building Products is India’s one of the India’s leading organized retailers of home improvement and building products and is aiming for consistent 20-25% growth in sales over longer term. To understand the company better, we have shared notes…

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[Stock note] – Shankara Building Products…aiming for 25-30% growth in sales

Hello Sir, Hope you are doing well. In India, building materials sector has experienced a consistent growth and business expansion. The thrust in infrastructure development, coupled with the uptake in real estate demand is positive for the sector. Source: Shankara Building Products Investor Presentation   Building materials segment includes products like – TMT, cement and construction chemicals; plumbing, sanitary ware and fittings; tiles, adhesives and floorings; electricals, lighting and paints, etc. While there are many small-mid sized shops retailing such products…

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[Stock idea] – Surya Roshni…leading lighting products seller

Hello Sir,Hope you are doing well.Indian markets have many listed companies from the Steel tubes and pipes industry and the Lighting and Consumer Durable industry. However, there must be very few companies involved in such diverse industries at the same time and Surya Roshni is one of them. Recently, we were looking at Surya Roshni as the stock is down almost 50% from its peak price of 850 in Oct’21.While Surya is more famous for its lighting products; did you know that Steel…

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