SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

KNR Constructions’ arms get sanction letters from banks

09 Jul 2018 Evaluate

KNR Constructions’ wholly owned subsidiaries, KNR Tirumala Infra, KNR Chidambaram Infra and KNR Srirangam Infra have received sanction letters from Banks to finance their Hybrid Annuity Mode (HAM) Projects.

KNR Tirumala Infra has received sanction letters for 6 laning of Chittor to Mallavaram section of NH-140 from under Bhartmala Pariyojana in the state of Andhra Pradesh. The bid project cost is Rs 1,730.07 crore and construction period is 2.5 years.

KNR Chidambaram Infra has received sanction letters for 2 laning with Paved Shoulder of Meensurutti to Chidambaram Section of NH-227 under Bhartmala Pariyojana, Phase I (Residual Project under NHDP) in the state of Tamil Nadu. The bid project cost is Rs 482.04 crore and construction period is 2 years.

KNR Srirangam Infra has received sanction letters for 4 laning of Trichy to Kallagam Section of NH-227 under Bhartmala Pariyojana (Residual Project under NHDP) in the state of Tamil Nadu. The bid project cost is Rs 1020.60 crore and construction period is 2 years.

KNR Constructions Share Price

131.30 -0.90 (-0.68%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4026.80
Kalpataru Projects 1382.95
Rail Vikas Nigam 235.00
NCC 149.50
KEC International 510.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: