Announced Tue, 23 Jun · 10:42 IST
Interarch secures domestic order worth around Rs 165 Cr from undisclosed client
INTERARCH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹1894.00
prior close
₹1892.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+2.8+2.7+2.8+1.9+1.9+1.4+2.1+2.1-1.0-1.8-5.2——
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AI summary
Interarch Building Solutions has won a domestic order worth about Rs 165 Crores plus taxes for design, engineering, manufacturing, supply and erection of a Pre-Engineered Steel Building System. The project has a completion period of around 15 months and includes a 10 percent advance against bank guarantee. The customer name is not disclosed due to confidentiality. Promoters have no interest in the awarding entity and it is not a related party transaction.
Likely market impact
Positive - sizable order worth around Rs 165 Cr strengthens order book and adds revenue visibility over the next 15 months.