Two Major Orders in a Day: Tata's Semiconductor Project and Largest Lithium-Ion Battery Facility Secured by Zero-Debt Small-Cap Stock
Stock is likely to be in focus on Monday after securing two major orders in a single day
For the week gone by, the Nifty50 index ended with a loss of over 2 per cent, closing below the 23,500 level. The upcoming week is expected to be a crucial one for Indian benchmark indices, as the earnings season gains momentum and monthly inflation data from the US comes into focus.
Amidst all this, an interesting development has emerged that investors should take note of—it pertains to a zero-debt Small-Cap stock. The company has secured two major orders: one from Tata Semiconductor Assembly & Testing Pvt. Limited and another from Agratas Energy Storage Solutions Pvt. Ltd.
Interarch Building Products Limited, a leading name in pre-engineered building (PEB) solutions, has announced securing two significant projects worth Rs 221 crore in the semiconductor and lithium-ion battery sectors. These orders further reinforce Interarch's position as a trusted partner in delivering infrastructure for emerging industries.
Interarch Building Products Limited, a leading name in pre-engineered building (PEB) solutions, has announced securing two significant projects worth Rs 221 crore in the semiconductor and lithium-ion battery sectors. These orders further reinforce Interarch's position as a trusted partner in delivering infrastructure for emerging industries.
Details of the Projects
- TATA Semiconductor Assembly & Testing Facility
The first order involves the development of a semiconductor manufacturing facility in Jagiroad, Morigaon, Assam. This project aligns with India’s vision to bolster domestic electronics manufacturing and establish a robust semiconductor ecosystem.
- Agratas Energy Storage Solutions Lithium-Ion Battery Plant
The second project is for the construction of India’s largest lithium-ion battery manufacturing unit in Sanand, Gujarat. This facility is poised to support the rapidly expanding energy storage market, which plays a pivotal role in India’s transition to sustainable energy solutions.
In both projects, Tata Projects Limited has been appointed as the Engineering, Procurement, and Construction (EPC) contractor.
Company Milestones and Vision
Interarch has been a pioneer in the PEB industry, consistently delivering innovative infrastructure solutions across sectors such as data centers, renewable energy, and semiconductors. With this latest achievement, the company is expanding its footprint in new-age industries, emphasizing sustainable and flexible engineering solutions.
Arvind Nanda, Managing Director of Interarch Building Products Limited, remarked, “We are proud to collaborate with Tata Projects Limited on these transformative ventures. The semiconductor and energy storage industries are critical to India’s technological future. Our expertise ensures that each project meets the highest standards of efficiency, reliability, and sustainability.”
About Interarch
Founded in 1983, Interarch specializes in turnkey pre-engineered steel construction solutions. The company provides integrated services, including design, engineering, manufacturing, and on-site project management. Its innovative offerings range from roofing systems and metal ceilings to non-industrial load-bearing wall framing systems, catering to diverse client needs.
Disclaimer: The article is for informational purposes only and not investment advice.