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Stock jumps 8% after signing MoU with Interarch Building Solutions to target global markets

Prominent engineering solutions provider has teamed up with Interarch Building Solutions to target global markets, focusing on export orders for Pre-Engineered Metal Buildings and structural steel projects.
Stock surges 8% following MoU with Interarch Building Solutions for global market expansion.
Stock surges 8% following MoU with Interarch Building Solutions for global market expansion.

Introduction:

Leading engineering solutions provider has partnered with Interarch Building Solutions to expand globally. The collaboration will focus on export orders, combining expertise in design, manufacturing, and erection for Pre-Engineered Metal Building and structural steel projects.

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Also Read: Blue chip stock in focus after company to acquire ABREL’s pulp and paper business for ₹3,500 Cr

Share price movement of Mold-Tek Technologies:

On April 1, 2025, Mold-Tek Technologies Ltd opened at ₹146.80, up 0.05% from its previous close of ₹147.80. The stock reached a high of ₹161.00 (8.55%) and a low of ₹146.80. By 3:25 PM, it traded at ₹160.00, an 8.25% increase, with a market cap of ₹454.17 crore.

Mold-Tek Technologies Signs MoU with Interarch to Target Global Markets:

Mold-Tek Technologies Limited (MTTL) has signed a Memorandum of Understanding (MoU) with Interarch Building Solutions Limited. Under this agreement, MTTL will provide engineering design and detailing services. And Interarch will manage manufacturing, shipping, and erection for Pre-Engineered Metal Building (PEMB) and structural steel projects.

The collaboration is set to strengthen both companies’ presence in international markets. Interarch will pay MTTL a five percent commission on all export orders secured through MTTL’s efforts. Interarch, with a market capitalization of ₹2,530 crores, is committed to exclusive collaboration for projects introduced by MTTL.

Stock performance of Mold-Tek Technologies for Period of 1 week, 6 months, and 1 year:

Mold-Tek Technologies Limited (MTTL) delivered a 14.4% return over the past week but declined by 35.2% over the last six months. Over the past year, it dropped by 31.8%.

Also Read: Infra stock jumps 3% after receiving order worth ₹157 Cr from Oil India

Shareholding pattern of Mold-Tek Technologies:

ParticularsDec 2024Sep 2024Jun 2024
Promoter49.00%49.20%49.10%
FII0%0%0.10%
DII0.30%0.30%1.70%
Public50.60%50.50%49.10%
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About Mold-Tek Technologies:

Mold-Tek Technologies Ltd (NSE: MOLDTECH) is a leading provider of civil, structural, and mechanical engineering services, specializing in automotive, poles & towers, and oil & gas sectors, with global expertise and ISO certifications.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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