This building materials stock is up 12%, bucking the trend amidst sell-off; Here's why

Shares of Interarch Building Solutions Ltd. are trading with gains of 12% on Friday, November 7, in response to its September quarter results, which were reported after market hours on Thursday.

Interarch's revenue increased by 52% from last year to ₹491.1 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased to ₹41.7 crore, which is a 65% jump from the ₹25.3 crore it reported during the same quarter last year.

EBITDA margin for the quarter has expanded by 70 basis points to 8.5% from 7.8% last year.

The company's total order book at the end of July 31, 2025 stood at ₹1,695 crore.

In an interaction with CNBC-TV18 on October 12, Manish Garg of Interarch Building Solutions said that he maintains the company's growth guidance of 17.5% for financial year 2026.

Garg also said that demand is very robust on ground and that margins will improve further going forward

Shares of Interarch Building Products are trading 12.6% higher at ₹2,462. The stock has risen 24% in the last one month.

The stock is up nearly 3x from its IPO price of ₹900 per share since its listing in August 2024.