KNR Constructions bags Rs 295-cr contract for flyovers in TN

KNR Constructions Ltd has won a Rs 295.19-crore contract for building flyovers at Salem city in Tamil Nadu.

"KNR Constructions has an order worth Rs 295.19 crore towards construction of two-tier flyover at Five Road Junction including construction of flyover up to Ramakrishna road Junction and Four Road Junction in Salem city, Tamil Nadu," the company said in a regulatory filing.

The contract has to be completed within 39 months from the appointed date, it said.

KNR provides engineering, procurement and construction services across sectors like road, highways, irrigation and urban water infrastructure management.

The company stock closed 0.89 per cent up at Rs 452 apiece on BSE.