KNR Shankarampet Projects Private Limited achieves financial closure

KNR Construction Ltd's wholly owned subsidiary, KNR Shankarampet Projects Private Limited have received the financial closure letter from the National Highways Authority of India.

The project is for four laning of Ramsanpalle to Mangloor section of NH - 161 in the State of Telangana under Nharatmala Pariyojana.

The Bid project Cost is Rs. 12,340.00 Mn. The construction period is 2 Years and concession period is 17 Years.

Shares of KNR CONSTRUCTIONS LTD. was last trading in BSE at Rs.215.85 as compared to the previous close of Rs. 214.95. The total number of shares traded during the day was 1540 in over 69 trades.

The stock hit an intraday high of Rs. 217.2 and intraday low of 210.3. The net turnover during the day was Rs. 329458.