Deals26 Oct 2026, 02:30 pm
SRM Contractors Bags ₹138.37 Cr Contract from MORTH
AI Summary
SRM Contractors Ltd has announced the bagging of a significant contract valued at ₹138.37 Crores from the Ministry of Road, Transport and Highways (MORTH). The contract involves the treatment of landslide locations on NH-09 (old NH-125) in Uttarakhand, to be executed on an EPC mode. The project has a stipulated execution period of 18 months from the appointed date. This award is a positive development for the company, bolstering its order book and indicating continued business momentum in the infrastructure sector.
Key Highlights
- Secured a new contract worth ₹138.37 Crores from MORTH.
- Contract involves landslide treatment on NH-09 in Uttarakhand.
- Project to be executed on EPC mode over 18 months.
- Enhances company's order book and revenue visibility.
Price Impact
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