KNR Constructions bags order worth Rs. 240.60 crore

According to a press release KNR Constructions Limited (KNRCON) has received a new work order worth Rs. 240.60 crore from Greater Hyderabad Municipal Corporation (GHMC).

The order is said to be received under the Comprehensive Road Maintenance Contract (CRMC) to maintain the main road in Secunderabad Zone of GHMC for a period of five years.

KNR Constructions Limited is an infrastructure development company, which provides engineering, procurement, and construction services across various fast growing sectors, including, roads and highways, irrigation, and urban water infrastructure management. The company's project execution strength is in road transportation engineering projects, that is, construction and maintenance of roads, highways, flyovers, and bridges.

On Wednesday, the stock was trading at Rs. 226.05, up by 0.04 per cent from the previous close. The 52-week high is Rs. 228.75 and the 52-week low is Rs. 220.25 on BSE.