Civil construction company gets order from Tata Projects, keep an eye on the stock
Interarch Building Product, a company that manufactures pre-engineered steel buildings, has informed that it has received two orders from Tata Projects Limited. According to the company, the first order was received from Tata Semiconductor Assembly and Testing Private Limited and the second order was received from Agratas Energy Storage Solutions. According to the company, Tata Projects Limited is an EPC contractor in both these projects. The company gave information about these projects on Sunday. The impact of the news can be seen in the next session.
What information has the company given
In the information sent to the stock market, the company said that it has received an order of Rs 221 crore from Tata Projects from the semiconductor and lithium ion battery sector. The first order has been received from Tata Semiconductor which is related to their semiconductor facility located in Assam. At the same time, the second order has been received from Agratas Energy and this order is related to the country’s largest lithium ion battery manufacturing unit in Sanand Gujarat.
How was the stock performance
In the last trading session, the stock closed at 1555 with a decline of about 8 percent. During trading, the stock had reached a low of 1520.5. The stock has seen a sharp decline for some time. On January 2, the stock closed at 1819. The highest level of the year for the stock is 1925, which was recorded on January 2, 2025. At the same time, the lowest level of the year is 1110, which was recorded on September 4. The stock is part of the BSE IPO index.
