KNR Constructions shines on bagging order worth Rs 603.63 crore

05 Jan 2021

KNR Construction is currently trading at Rs. 345.00, up by 11.40 points or 3.42% from its previous closing of Rs. 333.60 on the BSE.

The scrip opened at Rs. 337.20 and has touched a high and low of Rs. 352.90 and Rs. 337.20 respectively. So far 21535 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 352.90 on 5-Jan-2021 and a 52 week low of Rs. 171.65 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 352.90 and Rs. 324.00 respectively. The current market cap of the company is Rs. 4690.99 crore.

The promoters holding in the company stood at 55.03%, while Institutions and Non-Institutions held 35.88% and 9.09% respectively.

KNR Constructions has received an order from Project Director, Highways (FAC), Chennai Kanyakumari Industrial Corridor Project, Chennai worth Rs 603.63 crore  including GST for Upgrading Cheyyur - Vandavasi Polur Road ( SH-115) from Km 1/620 to Km 42/66, Km 44/505 to Km 47/367, Km 52/700 to Km 78/295, Km 80/562 to Km 103/780 including ECR Link (ODR) Cheyyur - Panayur Road from Km 0/000 to Km 4/720 to two lane with paved shoulders and construction of by passes for Vandavasi town from Km 47/367 to Km 52/700 and Chetpet town from Km 78/295 to Km 80/562 and one realignment for Maruthadu Village from Km 42/660 to Km 44/505 of SH-115 and maintenance of entire project stretch design length of 109.273 Km for 7 Years in the state of Tamil Nadu on Engineering, Procurement and Construction (EPC) Mode to be completed within a period of 39 months from the appointed date.

KNR Constructions is a multi-domain infrastructure project development company providing (EPC) engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.

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