KNR Constructions bags Rs 2,163 Cr road project in Tamil Nadu

Order Above 5pct RevenueBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+4.9%Reaction day

₹137.95

prior close

₹142.49

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%+3.9% vs market

Civil Construction peers, median of 94sector+0.2%+4.7% vs sector

On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 4.7 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

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15m

+1.6

30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9+1.0+3.9+0.2+4.7

Next day

+3.7+1.3+2.4-0.2+3.9

+3.2-0.2+3.4-1.5+4.7

+1.6-0.3+1.9-1.6+3.2

+0.3-0.2+0.5-1.9+2.2

-1.5-1.4-0.1-2.9+1.4

-2.7-1.0-1.7-2.6-0.1

15d

-9.3-6.3-3.0-8.9-0.4

-13.9-9.0-4.9-12.0-1.9

-9.8+3.5-13.3+1.4-11.2

-8.7+4.6-13.3-3.5-5.1

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 94Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

KNR Constructions has received a Letter of Acceptance for constructing a four lane elevated road along East Coast Road from Thiruvanmiyur to Uthandi in Tamil Nadu. The bid project cost is Rs 2,163.07 Crores. The project will be executed on Hybrid Annuity Mode with a construction period of 1,095 days and operation period of 5 years. The final concession agreement signing depends on the outcome of a writ appeal at the Madras High Court.

Likely market impact

Large order strengthens order pipeline, but concession agreement signing is pending Madras High Court ruling.