Interarch commissions 40,000 tonnes of new annual capacity at two plants
INTERARCH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.9 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Interarch commissioned Phase 2 of its Andhra Pradesh plant, adding 25,000 metric tonnes per year for about Rs 32 crore. A new box column line at its Kichha plant in Uttarakhand adds 15,000 metric tonnes per year for about Rs 21 crore. Total investment is about Rs 53 crore, taking annual capacity above 200,000 metric tonnes. Over 200 direct and indirect jobs are expected.
Higher capacity may support order growth and revenue, but benefits depend on demand and effective use of the new capacity. No earnings guidance was given.