1,303 Crore Order Book: Pre-Engineered Building Solutions Provider Announces a Strategic Partnership with Jindal Steel & Power Ltd
The stock is up by 58.2 per cent from its 52-week low of Rs 1,110.65 per share.
Interarch Building Products Ltd and Jindal Steel & Power Ltd. have joined forces to revolutionize India's construction landscape. This strategic partnership aims to elevate steel as the primary material for multi-story buildings, data centres and other large-scale structures. By combining Interarch's expertise in pre-engineered building solutions with JSPL's advanced steel manufacturing capabilities, the two companies are poised to drive innovation and sustainability in the construction industry.
This collaboration will leverage the strengths of both partners to deliver high-performance steel solutions. Interarch's proficiency in design, engineering, manufacturing, and project management, coupled with JSPL's state-of-the-art steel production facilities, will enable the efficient and timely execution of complex construction projects. Together, they will promote sustainable and efficient urban development practices, addressing the growing demand for durable and eco-friendly infrastructure.
By combining their expertise and resources, Interarch and JSPL are committed to shaping the future of Indian construction. Through joint marketing and awareness campaigns, technical training programs and policy advocacy, they will educate industry professionals and policymakers about the benefits of steel construction. This partnership represents a significant step towards realizing India's vision of modern, sustainable and resilient cities.
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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.
The company has a market cap of Rs 2,848 crore and the total order book as of October 28, 2024, is Rs 1,303 crore. The stock is up by 58.2 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.