This Debt-free Steel Sector Company Bags India’s Largest-Ever PEB Order Worth Rs 300 Crore For Gujarat Tyre Plant Execution
The stock price has given a 31.84 per cent return since its listing in September 2024.
Interarch Building Products Ltd surged sharply in today’s session, rising by Rs 75.75 or 4.37 per cent to trade at Rs 1807.45, compared to the previous close of Rs 1731.70. The stock opened higher at Rs 1755.95 and quickly gained momentum, hitting an intraday high of Rs 1815.95. The rally follows a major positive development in the public domain, Interarch Building Solutions Limited, pioneers of Pre-Engineered Buildings (PEB), has secured the largest-ever single PEB order in the Indian PEB industry, valued at over Rs 300 crore.
The plant is being set up for a major tyre manufacturing company based in Gujarat. The upcoming tyre facility is poised to be one of the most large-scale and technologically advanced in the country. Interarch has been entrusted with the end-to-end execution of the facility, covering design, manufacturing, and on-site installation of the pre-engineered structures.
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The upcoming tyre manufacturing facility will have an area of approximately. 3,00,000 m sq ft i.e.3 million Sq. Ft. under one roof. The proposed plant is slated to be completed within FY 25-26. The plant is designed to optimise operational efficiency while meeting the latest sustainability standards. This large-scale project highlights the growing demand for high-quality steel buildings and underscores our commitment to supporting global mobility, industrial development, and infrastructure expansion.
Interarch Building Solutions Ltd. provides pre-engineered building construction services. It offers turnkey project management, logistics and delivery, customised value addition solutions. The company was founded by Arvind Nanda and Gautam Suri on November 30, 1983 and is headquartered in Noida, India. The total order book currently stands at Rs 1,305 crores, indicating strong demand.
Current installed capacity is 161,000 metric tons per annum, with an effective utilizable capacity of approximately 135,000 metric tons. Plans to expand capacity by an additional 40,000 metric tons through ongoing projects in Andhra Pradesh and Uttarakhand, targeting completion by Q1 FY26. Future capacity expansion is planned in Gujarat, with a focus on diversification into EV infrastructure, renewables, and data centers.
The stock price has given a 31.84 per cent return since its listing in September 2024. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.