Small-cap industrial stock Interarch Building Products extends gains after this business update; details here

Interarch Building Solutions rose over 2 percent in intraday trade on the BSE on 10 July after announcing the inauguration of its new manufacturing facility at Kheda, Gujarat. Phase I of the facility, inaugurated on 9 July, adds 20,000 MT per annum of manufacturing capacity with an investment of about Rs 60 crore, while Phase II will add another 20,000 MT, taking total installed capacity to 40,000 MT annually with a combined investment of approximately Rs 70 crore. The stock has gained about 10 percent over the last month, though it remains down 20 percent year-to-date.