KNR Ramatheertham Infra Pvt Ltd achieves financial closure

KNR Ramatheertham Infra Private Limited, wholly owned subsidiary of KNR Constructions Limited, is in receipt of letter from NHAI dated 20th September 2023, stating that the financial close has been noted on 15th September 2023 for the project of "Development of six lane access controlled Greenfield Highway from Marripudi (ch. 285+500) to Somavarappadu (ch. 314+600) of [NH-544G] Bengaluru-Vijayawada economic corridor on HAM Mode under Bharatmala Pariyojana Phase-1 in the state of Andhra Pradesh (Package 13)."

Shares of KNR Constructions Limited was last trading in BSE at Rs. 280.25 as compared to the previous close of Rs. 275.05. The total number of shares traded during the day was 154319 in over 3961 trades.

The stock hit an intraday high of Rs. 282.40 and intraday low of 272.80. The net turnover during the day was Rs. 43215396.00.

Source : Equity Bulls

Keywords

KNRConstructions INE634I01029 KNRRamatheerthanInfra FinancialClosure NHAI