KNR Constructions receives orders from NHAI

Of the total, an order worth Rs920cr has been received for the work of four laning of Oddanchatram – Madathukulam section of NH - 209.

Mar 08, 2019 03:03 IST India Infoline News Service

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KNR Constructions, in its filing to the exchanges, informed that the company has received orders for two road projects from NHAI.

Of the total, an order worth Rs920cr has been received for the work of four laning of Oddanchatram – Madathukulam section of NH - 209 (New NH-83) (Design ch. 29km to 74.380km) under Bharatmala Pariyojna Phase-I under the category of Residual Works of NHDP on HAM in the State of Tamil Nadu with a concession period of 17 years including construction period of 2 Years from the appointed date.

An order worth Rs135cr received from Karnataka Road Development Corporation for Development of road Kanchugaranahalli to Jigani via Harohalli and Urgandoddi (0+000km to 33+200km) and section of road from BM road junction to Coca Cola Factory (0+000 km to 3+000km) of Bidadi - Harohalli road in Bengaluru' project in the State of Karnataka on Item Rate basis.

KNR Constructions Ltd's share price ended at Rs234.55, up by Rs0.8 or 0.34% from, its previous close of Rs233.75 on the BSE.
The scrip opened at Rs235.85 and touched a high and low of Rs239.20 and Rs232.10, respectively. A total of, 1,31,580 (NSE+BSE) shares have traded on the counter. The current market cap of the company is Rs3,298.18cr.

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