KNR Constructions Ltd receives LoA from GHMC for flyover construction

KNR Constructions Limited is in receipt of Letter of Acceptance from Greater Hyderabad Municipal Corporation for Construction of 3 lane flyover on LHS (towards Ameerpet) and 3 lane flyover on RHS of NH65 (towards Miyapur) at Kukatpally "Y" junction under Engineering Procurement and Construction (EPC)/ Turnkey basis in the state of Telangana worth Rs. 72,80,07,528/- (Rupees Seventy-Two Crores Eighty Lakhs Seven Thousand Five Hundred and Twenty-Eight Only) excluding GST. The construction period for the said project is 24 months.

Shares of KNR Constructions Limited was last trading in BSE at Rs. 198.40 as compared to the previous close of Rs. 197.75. The total number of shares traded during the day was 78545 in over 1312 trades.

The stock hit an intraday high of Rs. 199.00 and intraday low of 196.00. The net turnover during the day was Rs. 15512641.00.

Source : Equity Bulls

Keywords

KNRConstructions INE634I01029 OrderWin LoA GHMC