Interarch Building Products Limited saw a notable surge in its stock price, with shares jumping by 10% to ₹1,299 during morning trade on September 20. This spike came after the company announced that it had secured orders worth ₹633.5 crore in the first half of FY25. As the pre-engineered building (PEB) leader continues to strengthen its foothold across various industries, investors are increasingly seeing Interarch as a valuable player in the share market investment space.
Strong performance in Q1 and Q2 of FY25
Interarch Building Products started FY25 with impressive figures, reporting ₹341 crore in orders during Q1. The momentum continued in Q2 FY25, with an additional ₹293 crore in orders up to September 14, 2024. These orders have come from a range of sectors, showcasing the company's ability to cater to diverse industry needs.
Among the key contracts secured in Q1 FY25 were Reliance Industries (₹114 crore), Ampin Solar (₹60 crore), and Brit Logistics (₹22 crore). In Q2 FY25, notable contracts included Amaraja Infra (₹50 crore) and Ashok Leyland (₹26 crore). The company’s order book now stands at a robust ₹1,350 crore, reflecting its growing presence in the PEB sector.
This outstanding performance has contributed significantly to renewed investor confidence, making Interarch a focal point for share market investment opportunities.
Key drivers behind the surge in stock price
Interarch's continued expansion into high-growth sectors such as automotive, renewables, and semiconductors has been a driving force behind its strong performance. As companies in these sectors increasingly seek pre-engineered building solutions, Interarch has positioned itself as a go-to provider, offering turnkey contracts that manage every aspect of the project, from design to installation.
Managing Director Arvind Nanda commented, "We are thrilled with our robust performance in the first half of FY25, securing orders worth ₹634 crore. This milestone underscores our ability to deliver high-quality pre-engineered building solutions across a wide range of sectors."
The company's recent listing on the bourses on August 26 at a 44% premium over its issue price has also played a role in bolstering investor interest. This strong debut has established Interarch as a key stock to watch in the PEB sector for those looking at share market investment.
Interarch’s growing presence in the PEB sector
Interarch specialises in pre-engineered buildings, providing comprehensive solutions that include turnkey PEB contracts and the sale of PEB products. These products range from metal ceilings and corrugated roofing to steel structures and light gauge framing systems. The company’s ability to deliver tailored building solutions has allowed it to secure large-scale projects, further expanding its influence in both the domestic and international markets.
The secured ₹633 crore in new orders during the first half of FY25 solidifies Interarch’s status as a market leader, and the ₹1,350 crore order book reflects strong demand for its PEB solutions. This growing pipeline of projects across different industries makes Interarch a valuable option for those considering share market investment in the construction and infrastructure sectors.
Wrapping up
Interarch Building Products’ stock surge reflects not just strong financial performance but also a promising future in the pre-engineered building sector. With a solid order book and expanding operations across key sectors, the company is well-positioned for sustained growth. For investors, Interarch presents a compelling case for share market investment, especially for those looking to capitalise on the booming infrastructure and construction industries.
As the company continues to secure high-value contracts and deliver on its projects, Interarch remains an attractive option for both short-term gains and long-term share market investment strategies.
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