SRM wins Rs 138.37 crore MORTH highway contract
SRM · price
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SRM Contractors has received a Rs 138.37 crore domestic EPC contract from the Ministry of Road, Transport and Highways for landslide treatment at four locations on NH-09 in Uttarakhand. The work must be completed within 18 months from the appointed date. There is no promoter or related-party interest.
The order improves revenue visibility and may support the stock, subject to execution, margin and payment risks.