BUZZ-Australia's SRG Global gains on securing $420 million worth of contracts
Reuters
Nov 25, 2025
BUZZ-Australia's SRG Global gains on securing $420 million worth of contracts
** Shares of SRG Global SRG.AX rise as much as 7.5% to A$2.87, its largest intraday percent gain since October 14
** Stock hits its highest level since October 28
** Diversified infrastructure services provider says it has secured contracts worth A$650 million ($420.29 million) across sectors in Australia and New Zealand
** Co says agreements include deals with Fortescue FMG.AX, Wesfarmers WES.AX and Lendlease LLC.AX among other firms
** Stock doubles in value YTD, including the day's moves
($1 = 1.5466 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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