SRM Contractors Ltd Achieves Upper Circuit Limit Amid Broader Market Declines

Mar 26 2025 02:00 PM IST
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SRM Contractors Ltd experienced notable trading activity today, reaching the upper circuit limit with a high of 336.5. The stock showed strong performance, outperforming its sector despite a decline in broader market indices. Trading volume was 0.1586 lakh shares, indicating continued liquidity in the market.
SRM Contractors Ltd, operating in the Miscellaneous industry, has shown significant activity today as its stock reached the upper circuit limit. The stock traded at a high price of 336.5, reflecting a notable increase of 16.0, or 4.99%, from the previous close. The last traded price also stands at 336.5, indicating strong market performance.

Throughout the trading session, the stock fluctuated between a low of 312.1 and the high of 336.5, with a total traded volume of 0.1586 lakh shares and a turnover of approximately Rs 0.5196 crore. Notably, SRM Contractors outperformed its sector by 2.55%, while the broader market indices, including the Sensex, reported declines.

In terms of moving averages, SRM Contractors is performing above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day averages. Despite a decrease in investor participation, with delivery volume dropping by 79.34% against the 5-day average, the stock remains liquid enough for trading activities.

Overall, SRM Contractors Ltd has demonstrated robust performance today, marked by its achievement of the upper circuit limit and positive returns relative to its sector.
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