KNR Constructions moves up on bagging order worth Rs 146.12 crore

30 Jun 2014

KNR Construction is currently trading at Rs. 225.00, up by 0.15 points or 0.07% from its previous closing of Rs. 224.85 on the BSE.

The scrip opened at Rs. 220.00 and has touched a high and low of Rs. 230.00 and Rs. 215.00 respectively. So far 9919 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 232.90 on 25-Jun-2014 and a 52 week low of Rs. 46.40 on 01-Oct-2013.

Last one week high and low of the scrip stood at Rs. 232.90 and Rs. 210.80 respectively. The current market cap of the company is Rs. 640.51 crore.

The promoters holding in the company stood at 74.01% while Institutions and Non-Institutions held 8.05% and 17.94% respectively.

KNR Constructions, an infrastructure development company, has bagged an EPC order worth of Rs 146.12 crore from Superintending Engineer, Construction & Maintenance, Highway Department, Coimbatore. The company has received order for Construction of a Grade Separator with first level Flyover alogn Dr Nanjappa road and Second Level flyover along Chinnasamy road and 100 feet road including Pedestrain Subway at Gandhipuram Area in Coimbatore City. The project will be completed within 33 months from the appointed date.

KNR Constructions is an infrastructure development company providing engineering, procurement and construction services across various fast growing sectors, namely, roads and highways, irrigation and urban water infrastructure management.

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