2 days ago
- Automotive
- Business Upturn
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.
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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