Shankara Building Products Ltd

Stage 3 · Topping · week 1

As of 16 Oct 2026, Shankara Building Products is in Stage 3 — topping, where an uptrend loses steam, in its first week (since 12 Oct 2026). It closed at ₹118, 21.5% below its 52-week high and below its 200-day average, which is rising. In Industrials, 26.3% of stocks are in Stage 2.

Shankara Building Products Limited operates as a retailer of home improvement and building products in India. More about the company

₹117.7
-1.08% today
₹285 Cr · Micro cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dBuilding Products - Pipes 39.1%-8.7 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

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Is SHANKARA early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-21.5%
₹100 lo₹149.8 hi
21.5% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 1
1w13w26w
Week 1 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-3.8%
200 DMA: ₹122.4 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.20x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -10.1% vs MA50 -3.1%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-21.1%
3M
-15.7%
6M
-6.7%
YTD
+5.0%
1Y
-22.9%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Building Products - Pipes
↓ Peaking
Stage 2%
39.1%
20d Δ
-8.7pp
1M return
+2.8%
3M return
+11.6%
Industry Stage-2 % · last 20 days
Industry has 9 Stage 2 leaders. See Building Products - Pipes Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S4 16w
S2 18w
S4 22w
S1 14w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 12w → S3 8w → S4 8w → S1 3w → S2 2w → S1 1w → S4 12w → S1 9w → S4 16w → S1 5w → S2 5w → S3 2w → S4 10w → S1 1w → S2 18w → S3 7w → S4 22w → S1 14w → S2 12w → S3 1w current
Total tracked: 168 weeks across 20 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-07-20
4 appearances in last 60 days. First seen: 2024-02-26.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 1 · Vol 0.20x
2026-10-15S3
Wk 1 · Vol 0.26x
2026-10-14S3
Wk 1 · Vol 0.55x
2026-10-13S3
Wk 1 · Vol 1.34x
2026-10-12S32→3
Wk 1 · Vol 0.36x
2026-10-09S2
Wk 12 · Vol 0.82x
2026-10-08S2
Wk 12 · Vol 0.38x
2026-10-07S2
Wk 12 · Vol 0.67x
2026-10-06S2
Wk 11 · Vol 0.74x
2026-10-05S2
Wk 11 · Vol 0.71x
2026-10-01S2
Wk 11 · Vol 0.50x
2026-09-30S2
Wk 11 · Vol 0.26x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹138.3
200 DMA
₹122.4
52W High
₹149.8
52W Low
₹100
5D Low
₹117.7
Resistance levels (recent highs)
20d High
₹149.3
60d High
₹149.8
120d High
₹149.8
250d High
₹149.8
Next resistance
+26.8%
to 20d High
Ask the Market AI about SHANKARAAsk →
P/E (TTM)
78.2
Forward 2.2
Earnings Growth (YoY)
-75.7%
Revenue -79.2%
ROE
+0.6%
Profit margin +0.3%
Dividend Yield
2.38%
P/B 0.7
About this companyIndustrials· Building Products - Pipes

Shankara Building Products Limited operates as a retailer of home improvement and building products in India. It operates through Retail, Enterprise, and Channel segments. The company offers structural steel products, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, fittings, plumbing products, tiles, sanitary ware, water tanks, plywood, kitchen sinks, and lighting, flooring, electricals, interior-exterior finishing, and other allied products. It also processes roofing sheets, steel pipes and tubes, cold rolled strips, and color coated roofing products, as well as operates as a general hardware and wholesale trader. In addition, the company offers modular kitchens, wardrobes, accessories, system aluminum windows and doors, kitchen sinks, faucets, and veneers; ACP and cladding, paints, and flooring solutions; and electrical wires and cables, electrical fittings and switches, and fans and exhaust fans. The company operates under the Taurus, Vaigai Sanitation, Fotia Ceramica, Ganga, and Vishal Precision Tubes brand name. It serves homeowners, architect, contractors, interior designers, developers, plumbers, and electricians. The company was formerly known as Shankara Infrastructure Materials Limited and changed its name to Shankara Building Products Limited in July 2006. Shankara Building Products Limited was incorporated in 1995 and is headquartered in Bengaluru, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.