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KNR Constructions shines on bagging order worth Rs 290.25 crore from NHAI

24 Feb 2014

KNR Constructions is currently trading at Rs. 86.95, up by 0.05 points or 0.06% from its previous closing of Rs. 86.90 on the BSE.

The scrip opened at Rs. 87.00 and has touched a high and low of Rs. 87.50 and Rs. 86.95 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 120.00 on 30-Aug-2013 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. 91.00 and Rs. 81.55 respectively. The current market cap of the company is Rs. 244.00 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 a EPC order worth of Rs 290.25 crore from NHAI for rehabilitation and up-gradation of existing NH- 565 from Km 425/400 to Km 509/400 (Penchalakona to Yerpedu section) to two lane with paved shoulder in the state of AP under NHDP-IV to be completed within 24 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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323