KNR Constructions rises on getting LoA worth Rs 50.47 crore
KNR Constructions is currently trading at Rs. 127.60, up by 1.40 points or 1.11% from its previous closing of Rs. 126.20 on the BSE.
The scrip opened at Rs. 125.00 and has touched a high and low of Rs. 127.90 and Rs. 121.70 respectively. So far 44897 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 254.15 on 25-Mar-2025 and a 52 week low of Rs. 117.10 on 09-Mar-2026.
Last one week high and low of the scrip stood at Rs. 130.05 and Rs. 117.10 respectively. The current market cap of the company is Rs. 3594.18 crore.
The promoters holding in the company stood at 48.81%, while Institutions and Non-Institutions held 27.40% and 23.79% respectively.
KNR Constructions has received Letter of Acceptance (LoA) from Greater Hyderabad Municipal Corporation for Construction of 4 lane unidirectional flyover at Rasoolpura under Engineering Procurement Construction (EPC)/ Turnkey-Basis in the state of Telangana worth Rs 50.47 crore excluding GST. The construction period for the said project is 24 months.
