KNR Constructions stock rallies over 3% after receiving appointed date for HAM project

2 Feb 2022 , 02:34 PM

KNR Constructions Ltd has announced to the Exchanges that the Competent Authority has accorded approval for declaration of appointed date as on January 21, 2022.

The declaration of the appointed date is for the project of “Six laning from start of Valanchery Bypass to Kappirikkad Section of NH-66 (Old NH-17)) from Design Ch. 298+500 (Ex KM 304.250) to Design Ch. 335+850 (Ex. km 349.260) on Hybrid Annuity Mode under Bharatmala Pariyojana.”

On Wednesday, after the announcement, KNR Constructions’ stocks were trading at Rs321.25 apiece up by Rs10.6 or 3.41% against previous closing of Rs310.65 apiece on the BSE.