Key Points
On NSE, it listed at Rs 212.5 per share, an upside of 2.5% over the IPO price..
SRM Contractors' outlook is bolstered by several key strengths, including its proven track record of efficiently executing road, tunnel, and slope stabilization projects within their focused region...
Additionally, the company has a history of consistent financial performance and maintains a healthy order book, indicating continued revenue generation and growth potential," said Shivani Nyati, Head of Wealth, Swastika Investmart...
SRM Contractors is an engineering construction and development company engaged primarily in the construction of roads (including bridges), tunnels, slope stabilisation works and other miscellaneous civil construction activities in the union territories of Jammu and Kashmir and Ladakh...
The company undertakes construction works both as an EPC contractor and on an item rate basis for infrastructure projects..
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