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₹80-crore order from Ather Energy lifts Interarch Building share price 4%
₹80-crore order from Ather Energy lifts Interarch Building share price 4%

Business Standard

time8 hours ago

  • Business
  • Business Standard

₹80-crore order from Ather Energy lifts Interarch Building share price 4%

Interarch Building share price today: Interarch Building Solutions (Interarch Building) shares were in demand in an overall weak market on the first trading day of the week i.e. Monday, June 23, 2025, with the stock rallying up to 3.83 per cent to an intraday high of ₹2,140 per share. At 10:45 AM, Interarch Building shares continued to trade near day's high levels, up 3.78 per cent at ₹2,139 per share. In comparison, BSE Sensex was trading 0.85 per cent lower at 81,709.33 levels. What fueled the rise in Interarch Building share price? Interarch Building shares jumped in trade today after the company announced that it has secured an order worth ₹80 crore from Ather Energy. In an exchange filing, Interarch Building said, 'We wish to inform you that the Company has secured an order from M/s Ather Energy Ltd. The formal purchase order is currently awaited.' Under the terms of the order, Interarch Building will be responsible for design, engineering, manufacturing, supply and erection of pre-engineered steel building systems. According to the company, it has received a 10 per cent advance payment along with the order. The project is scheduled to be completed within nine months. At the beginning of the month, the company received a purchase order worth ₹45 crore from an automobile original equipment manufacturer (OEM). ALSO READ | About Interarch Building Interarch Building Solutions is among the leading providers of turnkey pre-engineered steel construction solutions in India. Established in 1983, the company offers end-to-end services including design, engineering, manufacturing, and on-site project management for pre-engineered steel buildings. With decades of experience, Interarch has built a strong reputation for its expertise in metal interiors and customised PEB solutions catering to diverse sectors such as industrial, commercial, and infrastructure. Interarch Building operates five strategically located manufacturing facilities in Uttarakhand (Pantnagar and Kichha), Tamil Nadu (Sriperumbudur), and Andhra Pradesh (Athivaram). Its dedicated arm, Interarch Infrastructure, focuses on delivering complex heavy steel and large-scale infrastructure solutions across India. Last checked on BSE, Interarch Building's market capitalisation stood at ₹3,542.75 crore. The company falls under the BSE SmallCap index.

Sensex falls! But these stocks gained over 10% on BSE
Sensex falls! But these stocks gained over 10% on BSE

Time of India

time22-05-2025

  • Business
  • Time of India

Sensex falls! But these stocks gained over 10% on BSE

NEW DELHI: A number of stocks rose in excess of 10% on BSE as domestic equity indices, BSE Sensex and NSE Nifty, ended in the red on high-performing stocks that rallied more than 10% during the session included, Mega Nirman & Ind(14.93%), Jumbo Bags(14.57%), TAAL Enterprises(13.62%), Interarch Building(13.54%), Everlon Synth(12.39%), Acrysil(12.12%), Tata Teleservices(11.36%), Dishman Carbogen(11.31%), Aryan Shares & Stock(11.05%) and Resonance Spec(10.51%).The 30-share Sensex ended 644.64 points down at 80951.99, while the 50-share Nifty index closed 203.75 points down at the Nifty 50 index, 8 stocks ended in the green, while 42 stocks closed in the stocks such as Addi Industries, Amit Securities, TAAL Enterprises, Interarch Building and Resonance Spec hit their fresh 52-week high, while Aditya Birla Retail, R K Swamy, Dalmia Industrial Development, Key Corp Ltd and Sybly Ind touched their new 52-week low in today's trade.

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