Nigeria, Sept. 22 -- During Monday's trading session, shares of one of India's leading building materials marketplaces are in focus on the stock exchanges, following the announcement of 24th September 2025 as the record date for the demerger of its trading business into a separate entity.

At 02:34 p.m., the shares of Shankara Building Products Limited were trading in the green at Rs. 948.85 on BSE, as against its previous closing price of Rs. 946.2, with a market cap of Rs. 2,301 crores. The stock has delivered positive returns of over 69 percent in one year, but has fallen by around 8 percent in the last one month.

What's the News Shankara Building Products had proposed the demerger of its core business, which includes retail and tradi...