India's SRM Contractors jumps on $18 million orders win

SRM Contractors

15/04/2026 11:11

** Shares of SRM Contractors SRMC.NS jump as much as 13.6% before settling 3% higher on the day

** Engineering and construction co bags two order aggregating up to 1.68 billion rupees ($17.99 million) for construction work

** Stock rises for a fifth straight session, gaining 24% in the period

** More than 951,000 shares changed hands on Wednesday, marking its most active session in 2 months

** Stock down 2.6% YTD

($1 = 93.3600 Indian rupees)

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))