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INTERARCH BUILDING PRODUCTS LTD. Plunges 7%; BSE METAL Index Down 1.4%
Mon, 21 Oct 16:8

INTERARCH BUILDING PRODUCTS LTD. Plunges 7%; BSE METAL Index Down 1.4%Image source: phive2015/www.istockphoto.com

INTERARCH BUILDING PRODUCTS LTD. share price has plunged 7% and is presently trading at Rs 1,576.0.

Meanwhile, the BSE METAL index is at 32,665.0 (down 1.4%).

Among the top losers in the BSE METAL index today are NMDC (down 2.8%) and Hindalco (down 2.0%).

Over the last one year, INTERARCH BUILDING PRODUCTS LTD. has moved up from Rs 0.0 to Rs 1,576.0, registering a gain of Rs 1,576.0 .

On the other hand, the BSE METAL index has moved up from 23,655.6 to 32,665.0, registering a gain of 38.1% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 106.4%), Hindustan Zinc (up 56.4%) and Coal India (up 52.9%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 81,151.3 (down 0.1%).

The top losers among the BSE Sensex today are Kotak Bank (down 4.7%) and Bajaj Finserv (down 3.0%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 24,739.5 (down 0.5%). Tata Consumer Products and Kotak Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,428.1 to 81,151.3, registering a gain of 14,723.2 points (up 22.2%).

INTERARCH BUILDING PRODUCTS LTD. Financial Update...

INTERARCH BUILDING PRODUCTS LTD. net profit fell {profitpercent} YoY to Rs 203 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 3,034 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, INTERARCH BUILDING PRODUCTS LTD. reported 5.9% increase in net profit to Rs 863 million compared to net profit of Rs 815 million during FY23. Revenue of the company grew 15.1% to Rs 12,933 million during FY24.


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