A leading pre-engineered building (PEB) solutions provider has secured a significant domestic contract worth ₹90 crore from Rungta Mines Ltd., further strengthening its presence in India’s growing infrastructure and industrial construction sector. The order will involve the design, engineering, manufacturing, supply, and erection of a steel-based building system tailored to the company’s requirements.
This new contract marks a substantial addition to the firm’s order book, which now stands at ₹1,695 crore. The achievement underscores the rising demand for PEB solutions in India, where industries are increasingly turning to steel-based construction for its speed, efficiency, and cost-effectiveness. PEB structures not only allow for faster project execution but also reduce material wastage and overall construction costs, making them a preferred choice for large industrial projects.
The stock market has responded positively to this development. Shares of the company have surged sharply, registering a rise of more than 90 per cent from their 52-week low of ₹1,110.65 per share. Analysts view the order as a reflection of strong business momentum and robust demand within the industrial construction space, which is likely to sustain over the medium term.
For the steel industry, such projects highlight the expanding role of structural steel in modern infrastructure. Pre-engineered buildings rely heavily on steel frameworks, beams, and columns, offering durability and flexibility to industries such as mining, manufacturing, logistics, and warehousing. The order from Rungta Mines further reinforces the trend of steel adoption in India’s industrial landscape.
With increasing emphasis on rapid infrastructure development, PEB manufacturers are poised for continued growth. This contract not only strengthens the company’s project pipeline but also reaffirms its position as a key contributor to India’s industrial and logistics infrastructure.
