SRM Contractors shares rose 7.77% to an intraday high of ₹450 from the previous close of ₹417. The company secured ₹483 crore contract from Maharashtra State Infrastructure Development Corporation (MSIDC) for construction of 14.02 km stretch of Nashik Ring Road. The order adds to the company’s existing order book, which stood at ₹1,423 crore as of December 2025.