India's SRM Contractors rises on $20 million project win

SRM Contractors

20/08/2025 09:12

** Shares of SRM Contractors SRMC.NS up 4% to 502.9 rupees

** Co gets new construction project worth 1.74 bln rupees ($20 mln)

** Stock has been above its 100-day, 200-day simple moving avgs since May, indicating bullish sentiment

** YTD, SRMC up 26%

($1 = 87.0612 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))