KNR Constructions Limited's SPV signs concession agreement with NHAI for new project

KNR Constructions Limited had announced regarding award of 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 Nagar 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). KNR Kaveri Infra Private Limited, wholly owned subsidiary incorporated for the implementation of the said project, has signed concession agreement for the above referred work with National Highways Authority Of India (NHAI) on 28th June 2023.

Shares of KNR Constructions Limited was last trading in BSE at Rs. 241.10 as compared to the previous close of Rs. 238.05. The total number of shares traded during the day was 24615 in over 808 trades.

The stock hit an intraday high of Rs. 241.80 and intraday low of 238.25. The net turnover during the day was Rs. 5922660.00.

Source : Equity Bulls

Keywords

KNRConstructions INE634I01029 ConcessionAgreement NHAI KNRKaveriInfra