Templeton Mutual Fund buys 7.25 lakh shares of Shankara Building Products

IRB Infrastructure Developers  | In 2020 so far, the share price has moved up 76 percent to Rs 131.20. It's trailing twelve months (TTM) P/E was 6.40 multiple while 5-year average P/E was 8.30 multiple.

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On May 8, 2017 Reliance Alternative Investments Fund - Private Equity Scheme sold 16,40,962 shares of Shankara Building Products at Rs 695.72 on the NSE.

However, Ashoka PTE bought 2,00,000 shares at Rs 695.

Also, SBI Mutual Fund Scheme 99 MMCF bought 2,19,291 shares at Rs 695 and Templeton Mutual Fund A/C Franklin Ind Smaller Co Fund bought 7,25,000 shares at Rs 695.

On Monday, Shankara Building Products ended at Rs 707, up Rs 1.90, or 0.27 percent on the NSE.

The share touched its 52-week high Rs 788.80 and 52-week low Rs 460 on 11 April, 2017 and 04 April, 2017, respectively.