SRM Contractors Achieves 52-Week High Amid Broader Market Challenges

Jun 02 2025 11:02 AM IST
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SRM Contractors has achieved a new 52-week high of Rs. 465.95, reflecting strong performance in the construction sector. The stock has gained 8.91% over the past two days and is trading above multiple moving averages. Over the past year, it has delivered a remarkable 160.07% return.
SRM Contractors, a small-cap player in the construction industry, has made headlines today by reaching a new 52-week high of Rs. 465.95. This milestone reflects a significant upward trend, as the stock has outperformed its sector by 2.58%. Over the past two days, SRM Contractors has shown impressive momentum, gaining 8.91% in returns.

Today, the stock opened with a notable gain of 3.74%, and it peaked at an intraday high of Rs. 465.95, marking a 5.42% increase. Furthermore, SRM Contractors is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong performance across various time frames.

In contrast, the broader market is experiencing challenges, with the Sensex down by 0.56% after a negative opening. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.37%. Over the past year, SRM Contractors has delivered an impressive 160.07% return, significantly outpacing the Sensex's 9.50% performance. The stock's 52-week low stands at Rs. 148, highlighting its remarkable recovery and growth trajectory.
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