KNR Constructions Ltd receives LOA for project in Karnataka

KNR Constructions Ltd is in receipt of Letter of Acceptance for four-laning of Bangalore-Mangalore section from KM 270+270 (Periya Shanti) to KM 318+ 755 (Bantwal) including 6-lane flyover at Kalladka town in KM 311- KM 314 on NH-75 on EPC basis in the state of Karnataka, worth Rs. 1100,88,00,000/- (Rupees One Thousand One Hundred Crore and Eighty-Eight Lakhs Only) including GST. The said project is to be completed within a period of 24 months from the appointed date.

Shares of KNR CONSTRUCTIONS LTD. was last trading in BSE at Rs.205.95 as compared to the previous close of Rs. 206.95. The total number of shares traded during the day was 21497 in over 506 trades.

The stock hit an intraday high of Rs. 209.9 and intraday low of 205.2. The net turnover during the day was Rs. 4442429.

Source : Equity Bulls

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