KNR Constructions gains on receiving Letter of Acceptance for HAM project in Andhra Pradesh
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KNR Constructions is currently trading at Rs. 314.65, up by 2.70 points or 0.87% from its previous closing of Rs. 311.95 on the BSE.
The scrip opened at Rs. 313.00 and has touched a high and low of Rs. 320.55 and Rs. 309.60 respectively. So far 48478 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 343.55 on 01-Sep-2021 and a 52 week low of Rs. 113.80 on 12-Oct-2020.
Last one week high and low of the scrip stood at Rs. 325.00 and Rs. 300.00 respectively. The current market cap of the company is Rs. 8804.05 crore.
The promoters holding in the company stood at 53.25%, while Institutions and Non-Institutions held 36.64% and 10.11% respectively.
KNR Constructions has received Letter of Acceptance (LoA) for Development of Six Lane Chittor-Thatchur Highway from KM 61.380 to 96.040 on Hybrid Annuity Mode (HAM) under Bharatmala pariyojana, in the State of Andhra Pradesh and Tamil Nadu (package III). The bid cost of the said project is Rs 1041.50.
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.
