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INTERARCH BUILDING PRODUCTS LTD. Gains 16%; BSE METAL Index Up 0.4%
Wed, 23 Oct 10:40

INTERARCH BUILDING PRODUCTS LTD. Gains 16%; BSE METAL Index Up 0.4%Image source: alexsl/www.istockphoto.com

INTERARCH BUILDING PRODUCTS LTD. share price has zoomed 16% and is presently trading at Rs 1,695.0.

Meanwhile, the BSE METAL index is at 31,829.1 (up 0.4%).

Among the top gainers in the BSE METAL index today are NMDC (up 3.1%) and Hindustan Zinc (up 2.6%).

SAIL (down 2.5%) and APOLLO TUBES (down 1.1%) are among the top losers today.

Over the last one year, INTERARCH BUILDING PRODUCTS LTD. has moved up from Rs 0.0 to Rs 1,695.0, registering a gain of Rs 1,695.0 .

On the other hand, the BSE METAL index has moved up from 22,271.2 to 31,829.1, registering a gain of 42.9% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 117.3%), Hindustan Zinc (up 73.7%) and Hindalco (up 59.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,363.4 (up 0.2%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 5.5%) and Bajaj Finserv (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,512.3 (up 0.2%). Bajaj Finance and Bajaj Auto are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,363.4, registering a gain of 15,791.5 points (up 24.5%).

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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