Interarch Building Solutions Ltd bags LoI for order worth over Rs. 300 crore

Interarch Building Solutions Ltd has bagged a Letter of Intent from a New Customer, and the purchase order is awaited, the name of which cannot be disclosed due to commercial issue.

The order is for Design, Engineering, Manufacturing, Supply & Erection of Pre-Engineered Steel Building Systems.

The order is valued at over Rs. 300 crore, plus taxes, and involving a job of approx. 30,000 MT.

Shares of Interarch Building Products Limited was last trading in BSE at Rs. 1520.20 as compared to the previous close of Rs. 1488.50. The total number of shares traded during the day was 4187 in over 486 trades.

The stock hit an intraday high of Rs. 1535.95 and intraday low of 1480.10. The net turnover during the day was Rs. 6297264.00.

Source : Equity Bulls

Keywords

InterarchBuildingProducts CivilConstruction INE00M901018 OrderWin NewCustomer