KNR Constructions JV receives order worth Rs. 180.40 Crores

KNR Constructions Ltd's 51:49 joint venture with JKM Infra Projects Limited has been awarded an order by Government of Arunachal Pradesh, Public Works Department for 2 laning of Gobuk-Mariyang-Sihjon Nallah from Km 26.210 (Gobuk) to 75.485 (Sijhon Nallah) (Existing Ch. 27.000 - 75.000) (Net Length - 49.275 Km) in Arunachal Pradesh under Arunachal Pradesh Package of SARDP-NE". The order is worth Rs.180,40,32,437 (Rupees One Hundred and Eighty Crores Forty Lakhs Thirty Two Thousand Four Hundred and Thirty Seven Only). The above project is to be completed within a period of 36 months from the appointed date.

The KNR Constructions Ltd stock was trading at Rs.138, up by Rs.4.80 or 3.60%. The stock hit an intraday high of Rs.141 and low of Rs.134.

The total traded quantity was 9225 compared to 2 week average of 1821.

Source : Equity Bulls

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