SRM Contractors Achieves 52-Week High Amidst Strong Market Performance and Volatility

May 20 2025 03:36 PM IST
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SRM Contractors has reached a new 52-week high of Rs. 442.95, outperforming its sector significantly. The stock has shown a strong upward trend, gaining over 20% in the past three days. It is currently trading above all major moving averages, reflecting robust performance over the past year.
SRM Contractors, a microcap player in the construction industry, has made headlines today as its stock price reached a new 52-week high of Rs. 442.95. This milestone was achieved amidst a notable performance, with the stock outperforming its sector by 10.75%. Over the past three days, SRM Contractors has shown a robust upward trend, gaining 20.22% in returns.

Today's trading session saw significant volatility, with the stock hitting an intraday high of Rs. 442.95, reflecting a 19.99% increase, while the day's low was recorded at Rs. 350.3, marking a decline of 5.11%. The intraday volatility was calculated at 7.17%, indicating a dynamic trading environment.

In terms of moving averages, SRM Contractors is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong short- to long-term performance trend. Over the past year, the stock has delivered an impressive return of 120.64%, significantly outpacing the Sensex, which has seen a gain of only 9.70%. The stock's 52-week low stands at Rs. 148, highlighting its remarkable recovery and growth trajectory.
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