Rs 1,305 Crore Order Book: Pre-Engineered Building Solutions Provider Bags New Domestic Order Worth Rs 300,00,00,000
The stock is up by 43 per cent from its 52-week low of Rs 1,110.65 per share.
Interarch Building Products Ltd. has secured a Letter of Intent from a new domestic customer, details of which are withheld due to commercial confidentiality, for the design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems. The project, valued at over Rs 300 crore plus taxes and involving approximately 30,000 MT of steel, is expected to be completed within 12 months. The agreement stipulates a 25 per cent advance payment upon order confirmation, which is currently pending.
About the Company
Founded in 1983, Interarch is a leader in turnkey pre-engineered steel construction solutions. With integrated facilities for design, manufacturing, and project management, the company caters to a broad spectrum of industrial and non-industrial construction needs.
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The company has a market cap of over Rs 2,600 crore and the total order book as of December 31, 2024, is Rs 1,305 crore. The stock is up by 43 per cent from its 52-week low of Rs 1,110.65 per share. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.