Interarch Building shares jump over 3% after securing major order from leading Auto OEM
By Aman Shukla Published on June 11, 2025, 09:25 IST
Shares of Interarch Building Systems rose over 3% in Tuesday's trade after the company announced it had secured a significant order from a prestigious automobile Original Equipment Manufacturer (OEM). While the name of the customer has not been disclosed due to commercial considerations, the company confirmed that the order is from a domestic entity. As of 9:25 AM, the shares were trading 3.35% higter at Rs 2,286.00.
The scope of the contract includes complete design, engineering, manufacturing, supply, and erection of a Pre-Engineered Steel Building System. The total size of the order stands at over ₹45 crore, excluding taxes, and covers more than 3,200 metric tonnes of structural work. The project is to be completed within a six-month timeframe, with the company receiving 5% of the order value as advance payment.
This new contract win highlights Interarch's strong capabilities in delivering large-scale, end-to-end industrial infrastructure solutions and strengthens its position in the domestic market, particularly in the automotive manufacturing space.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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