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KNR Constructions Ltd.

BSE: 532942 Sector: Infrastructure
NSE: KNRCON ISIN Code: INE634I01029
BSE 00:00 | 14 Oct 228.25 2.40
(1.06%)
OPEN

226.55

HIGH

230.35

LOW

221.80

NSE 00:00 | 14 Oct 226.85 1.55
(0.69%)
OPEN

227.00

HIGH

230.80

LOW

221.00

OPEN 226.55
PREVIOUS CLOSE 225.85
VOLUME 1747
52-Week high 303.30
52-Week low 163.30
P/E 13.43
Mkt Cap.(Rs cr) 3,209
Buy Price 225.00
Buy Qty 1.00
Sell Price 231.00
Sell Qty 1.00
OPEN 226.55
CLOSE 225.85
VOLUME 1747
52-Week high 303.30
52-Week low 163.30
P/E 13.43
Mkt Cap.(Rs cr) 3,209
Buy Price 225.00
Buy Qty 1.00
Sell Price 231.00
Sell Qty 1.00

KNR Constructions Ltd. (KNRCON) - Company History

KNR Constructions Limited was incorporated on July 11 1995 and received its certificate of commencement of business on August 9 1995. The company is engaged in infrastructure sector and is undertaking Turnkey EPC contracts and BOT projects on public-private partnership basis group activities are primarily in the construction of roads bridges flyovers and irrigation projects.In 1997 the Company has acquired at their book values the assets and liabilities of partnership business of M/s K Narasimha Reddi & Co. ('the firm') for a total consideration of Rs.3.19 Crores w.e.f. April 1 1997. At the time of acquisition the firm was engaged in the business of undertaking civil and mechanical contracts work. The firm was constituted in the year 1979 and was re-constituted on several occasions. Over a period of time the company has gained expertise in construction of roads on EPC basis and further diversified into other infrastructure segments like irrigation water supply and urban water infrastructure management. In the past the company has executed infrastructure projects independently as well as through joint ventures. Currently most of the road projects were executed with joint venture partner Patel Engineering Limited. As on June 30 2007 the company has having 24 projects on hand across various states in India covering Uttar Pradesh Madhya Pradesh Assam Andhra Pradesh Karnataka and Tamil Nadu. The Company has the ability to bid execute and implement medium and large size projects across various infrastructure segments.The estimated unexecuted order book position as at June 30 2007 was Rs1272.98 Crores which is approximately 4 times the operational income of fiscal 2007 on consolidated basis.