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Shankar Sharma stock BigBloc Construction surges 6% on cement foray

Shankar Sharma holds a 0.51 percent, or 3,65,000 shares, in the building-block manufacturer

Bigbloc Construction Q4 net profit jumps 56% to Rs 9 crore

The company’s profit was helped by increase in other income. The company reported other income of Rs 3.82 crore in Q4FY24 compared to Rs 0.69 crore in the previous year.

Know your stock: BigBloc Construction gets Shankar Sharma’s seal of approval

With rejection rates as low as 1-1.25 percent at its Wada plant, BigBloc Construction maintains a significant edge over its competitors in terms of margins.

Bulk deals: Investor Shankar Sharma buys Rs 8.57-crore stake in Bigbloc Construction

Sharma bought 3.65 lakh shares, or a 0.51 percent stake in the company at an average price of Rs 235.

Bigbloc Construction Ltd. engages in the manufacturing of building blocks and aerated autoclave concrete bricks. It operates under the brand name of NXTBLOC. The company was founded on June 17, 2015 is headquartered in Surat, India.

Bigbloc Construction Ltd.

Volume	113,613.00
52-Wk High	294.64
52-Wk Low	138.25

BIGBLOC.NSE Bigbloc Construction Ltd.

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