KNR Constructions inches up as its JV bags LoA worth Rs 3,361 crore
KNR Constructions is currently trading at Rs. 130.45, up by 0.30 points or 0.23% from its previous closing of Rs. 130.15 on the BSE.
The scrip opened at Rs. 131.55 and has touched a high and low of Rs. 133.65 and Rs. 129.75 respectively. So far 66396 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 245.00 on 26-Jun-2025 and a 52 week low of Rs. 108.55 on 27-Mar-2026.
Last one week high and low of the scrip stood at Rs. 136.55 and Rs. 123.35 respectively. The current market cap of the company is Rs. 3671.52 crore.
The promoters holding in the company stood at 48.81%, while Institutions and Non-Institutions held 25.60% and 25.59% respectively.
KNR Constructions’ joint venture -- M/s KNR - SIML (JV) has secured Letter of Acceptance (LoA) worth Rs 3,361.11 crore (excluding GST) from South Eastern Coalfields. The company holds 51% in the M/s KNR - SIML (JV), while rest 49% stake held by Sushee Infra & Mining. The LoA pertains to coal mining works at Kusmunda OCP in the State of Chhattisgarh on Item Rate basis for a period of 2920 days.
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