KNR Construction gains on bagging orders worth Rs 983.69 crore

11 Apr 2016 Evaluate

KNR Construction is currently trading at Rs. 522.00, up by 1.75 points or 0.34% from its previous closing of Rs. 520.25 on the BSE.

The scrip opened at Rs. 525.00 and has touched a high and low of Rs. 525.00 and Rs. 516.25 respectively. So far 184 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 651.75 on 19-Nov-2015 and a 52 week low of Rs. 408.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 539.75 and Rs. 494.25 respectively. The current market cap of the company is Rs. 1468.04 crore.

The promoters holding in the company stood at 60.75% while Institutions and Non-Institutions held 27.93% and 11.32% respectively.

KNR Construction, a premier infrastructure development company in joint ventures has bagged orders worth of Rs 983.69 crore from Irrigation Department Govt. of Telangana. Orders are for formation of Veeranjaneya Reservoir at Yedula (V), Gopalpet(M), Mahabubnagar district and earth work excavation of approach channel, open canal including CM & CD works, intake structure from Km. 0.00 to Km. 6.40 between Veeranjaneya Reservoir at Yedula (V) to Venkatadri Reservoir at Vattern (V) in the name of for Rs 600.55 crore and Earth work excavation of approach channel, open canal including construction of CM & CD works and Head Regulator from Anjanagiri Reservoir at Narlapur (V) i.e. from Km 0.00 to Km 8.325 towards Veeranjaneya Reservoir at Yedula (V) in Mahabubnagar district in the name of for Rs 383.14 crore under Palamuru Rangareddy Lift Irrigation Scheme to be completed within a period of 30 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.

KNR Constructions Share Price

325.55 -9.20 (-2.75%)
10-Jan-2025 12:35 View Price Chart
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