KNR Constructions Ltd receives LoA from Musi Riverfront Development Corporation Ltd

KNR Constructions Limited is in receipt of Letter of Acceptance from Musi Riverfront Development Corporation Limited for "Construction of an Iconic bridge across Mir Alam Tank connecting Bengaluru National Highway at Shastripuram to Chintalmet under Engineering, Procurement and Construction (EPC) Mode" worth Rs. 319,24,61,409/- (Rupees Three Hundred Nineteen Crores Twenty-Four Lakhs Sixty-one Thousand Four Hundred and Nine 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. 164.15 as compared to the previous close of Rs. 166.90. The total number of shares traded during the day was 98143 in over 2340 trades.

The stock hit an intraday high of Rs. 167.25 and intraday low of 163.05. The net turnover during the day was Rs. 16195235.00.

Source : Equity Bulls

Keywords

KNRConstructions INE634I01029 Construction Engineering LoA MusiRiverfrontDevelopmentCorporation