KNR Constructions rises on bagging LoA worth Rs 1,396.54 crore
KNR Constructions is currently trading at Rs. 108.21, up by 0.80 points or 0.74% from its previous closing of Rs. 107.41 on the BSE.
The scrip opened at Rs. 109.80 and has touched a high and low of Rs. 114.74 and Rs. 107.40 respectively. So far 274629 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 185.90 on 26-Dec-2025 and a 52 week low of Rs. 96.35 on 26-Oct-2026.
Last one week high and low of the scrip stood at Rs. 108.32 and Rs. 98.05 respectively. The current market cap of the company is Rs. 3043.24 crore.
The promoters holding in the company stood at 48.81%, while Institutions and Non-Institutions held 19.79% and 31.40% respectively.
KNR Constructions has secured Letter of Acceptance (LoA) worth around Rs 1,396.54 crore (excluding GST) from Hyderabad Metropolitan Development Authority (HMDA). The LoA is for construction of elevated corridor from ICCC Banjara Hills to Shilpa Layout Flyover Road, Hyderabad in the state of Telangana. The construction period for the said project is 24 months.
