This recently listed stock surged 10% today; zoomed 107% over issue price

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This recently listed stock surged 10% today; zoomed 107% over issue price - Business Standard

Quick Summary:

Interarch, a leading player in the Pre-Engineered Building (PEB) Industry, hit its highest level since market debut on August 26, 2024.

The company’s aim for 2025 is to achieve an installed capacity of over 200,000 metric tons annually, reinforcing its commitment to supporting the country’s growing demand for high-quality sustainable building solutions.

Interarch Building Products shares rallied 10 per cent to touch Rs 1,860 on the BSE in Tuesday’s intra-day trade amid heavy volumes on a healthy business outlook.