KNR Constructions moves up on securing LoA worth Rs 319.24 crore
KNR Constructions is currently trading at Rs. 164.50, up by 0.35 points or 0.21% from its previous closing of Rs. 164.15 on the BSE.
The scrip opened at Rs. 163.80 and has touched a high and low of Rs. 165.30 and Rs. 161.60 respectively. So far 73771 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 357.15 on 16-Dec-2024 and a 52 week low of Rs. 161.60 on 24-Nov-2025.
Last one week high and low of the scrip stood at Rs. 174.75 and Rs. 161.60 respectively. The current market cap of the company is Rs. 4626.31 crore.
The promoters holding in the company stood at 48.81%, while Institutions and Non-Institutions held 29.03% and 22.17% respectively.
KNR Constructions has received Letter of Acceptance (LoA) from Musi Riverfront Development Corporation for ‘Construction of an Iconic bridge across Mir Alam Tank connecting Bengaluru National Highway at Shastripuram to Chintalmet under Engineering, Procurement and Construction (EPC) Mode’ worth Rs 319.24 crore excluding GST. The construction period for the said project is 24 months.
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.
