KNR Constructions secures ₹2,163 crore order in Tamil Nadu
after close1 source ↓written by the desknot a recommendation
- project to build
- ₹2,163.07 crore
- under the Hybrid
- 1095 days
- order book
- ₹8,849 crore
- from its 52-week
- 14%
KNR Constructions Limited has received a Letter of Acceptance for a ₹2,163.07 crore project to build a four-lane elevated corridor along the East Coast Road in Tamil Nadu. The project aims to ease traffic congestion and is set to be completed in 1095 days under the Hybrid Annuity Mode.
This order boosts KNR's total order book to ₹8,849 crore, reflecting strong demand in the infrastructure sector. The stock has risen 14% from its 52-week low, indicating positive market sentiment.
Not investment advice. For informational purposes only.