SRM Energy Ltd's earnings have grown by 0%, whereas share price has declined -14.2% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
SRM Energy Ltd share price has declined -17.1% annually (CAGR) over the past ten years.
Data is not available for this company.
SRM Energy was incorporated at Bombay on September 3, 1985 and obtained the certificate of commencement of business on February 4, 1986. It was promoted by K K Hitakri and Ved Kapoor of Hitkari group and BM Chaturvedi. The company manufactures non-woven fabrics based on needle punching technology.
The preparatory plant for non-woven fabrics was imported from Heregeth Hollingworth of West Germany.
The registered office of the company is located at 36/37, Mittal Chambers, Nariman
The registered office of the company is located at 36/37, Mittal Chambers, Nariman Point Mumbai, Maharashtra 400021.
2010 - Signing of Tripartite MoU with ICBC and CDTE for financing the projectIssue of LoI to CDTE for 3x660 MW Supercritical Units2011 - Received Final Environmental Clearance from MoEFReceived Clearance from Railway Authorities for Crossing of Railway lines for laying Coal Conveyors and Sea Water Pipelines2013 - Received CRZ ClearanceReceived clearance from National Highways Authority for crossing highways for laying Coal Conveyors and Sea Water Pipelines