KNR Constructions gains on order worth Rs 109 crore

The order has been awarded to company's 51:49 joint-venture with Tomar Builders & Contractors Private Limited

Image
SI Reporter Mumbai
Last Updated : Nov 24 2014 | 12:11 PM IST
KNR Constructions has gained close to 4% to Rs 326.25 in BSE on winning an order worth Rs 109.56 crore from the Madhya Pradesh Road Development Corporation Limited.
 
The order which is for widening and reconstruction of Dabra - Bhitarwar - Harsi Road package has been awarded to company's 51:49 joint-venture with Tomar Builders & Contractors Private Limited.
 
KNR Constructions is a multi-domain infrastructure development organization with more than 2 decades of experience and executes the construction of technically complex and high value projects across segments such as express ways, national highways, state highways and rural roads.
 
The stock opened at Rs 313.45 and has hit a high of Rs 334 till 12:02 hrs and around 1.5 lac shares have changed hands on BSE and NSE combined
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 24 2014 | 12:03 PM IST

Next Story