Interarch Building’s stock rose 2% following its announcement of a strategic partnership with Jindal Steel & Power Ltd (JSPL).
The company shares opened at 1,669.35, reaching a high of 1,745.00 and a low of 1,654.55. The stock has a 52-week high of 1,815.00 and a low of 1,110.15.
The collaboration aims to revolutionize India’s urban infrastructure by promoting steel as the preferred material for multi-story buildings, data centers, and heavy structures. By combining Interarch’s design, engineering, and project management expertise with JSPL’s cutting-edge steel manufacturing capabilities, the partnership will deliver high-performance, sustainable steel solutions to meet the growing demands for strength, speed, and flexibility in modern construction.
As of 9:54 am, Interarch Building shares were trading 2.58% higher at Rs 1,733.00 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.