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SRM CONTRACTORS LTD. Gains 6%; BSE CAPITAL GOODS Index Up 1.3%
Tue, 19 Nov 10:4

SRM CONTRACTORS LTD. Gains 6%; BSE CAPITAL GOODS Index Up 1.3%Image source: Eoneren/www.istockphoto.com

SRM CONTRACTORS LTD. share price has zoomed 6% and is presently trading at Rs 327.0.

Meanwhile, the BSE CAPITAL GOODS index is at 66,933.2 (up 1.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 3.8%) and V GUARD IND. (up 3.4%).

Thermax (down 3.2%) and Carborundum Universal (down 0.7%) are among the top losers today.

Over the last one year, SRM CONTRACTORS LTD. has moved up from Rs 0.0 to Rs 327.0, registering a gain of Rs 327.0 .

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,933.2, registering a gain of 38.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 97.3%), HINDUSTAN AERO. (up 96.9%) and Siemens (up 90.4%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 78,072.3 (up 0.9%).

The top gainers among the BSE Sensex today are M&M (up 3.0%) and Tech Mahindra (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 23,675.7 (up 1.0%). Trent and M&M are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 78,072.3, registering a gain of 12,396.4 points (up 18.9%).

SRM CONTRACTORS LTD. Financial Update...

SRM CONTRACTORS LTD. net profit fell {profitpercent} YoY to Rs 103 million for the quarter ended September 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 952 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, SRM CONTRACTORS LTD. reported 43.8% increase in net profit to Rs 270 million compared to net profit of Rs 187 million during FY23. Revenue of the company grew 14.0% to Rs 3,424 million during FY24.


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