KNR Constructions gains on winning Rs 937 crore NHAI project

The orders worth Rs 937.08 crore includes four laning and two laning of Madurai-Ramanathapuram Section of NH-49 in Tamil Nadu

Shares of KNR Constructions were up over 3.5% at Rs 455 after the company said it has won projects from the National Highway Authority of India.

The orders worth Rs 937.08 crore includes four laning and two laning of Madurai-Ramanathapuram Section of NH-49 in the State Of Tamil Nadu under NHDP Phase-III on EPC mode to me completed within 30 months from the appointed date, the company said in a release.

The stock touched a high of Rs 469 and a low of Rs 450. At 2PM, over 79,000 shares were traded on the stock exchanges.