KNR Constructions Ltd receives LoA for new project

KNR Constructions Limited is in receipt of Letter of Award for Construction of Access Controlled four laning with paved shoulder from Mysore to Kushalnagara Section of NH-275 from Design Ch. Km 169+000 at Near SH-86 Ramanathapura - Terakanambi Road/KR junction in Hunsur to Design Ch. Km 195+550 at Yalachahalli Near SH-117 Yelawala - KR Nagara Road junction on Hybrid Annuity Mode under NH(O) in the State of Karnataka (Package IV).

The bid project cost is Rs. 650 crores.

The Construction period is 24 Months & Operation period is 15 Years from COD.

Shares of KNR Constructions Limited was last trading in BSE at Rs. 272.40 as compared to the previous close of Rs. 272.90. The total number of shares traded during the day was 34995 in over 1283 trades.

The stock hit an intraday high of Rs. 275.40 and intraday low of 267.60. The net turnover during the day was Rs. 9509328.00.

Source : Equity Bulls

Keywords

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