KNR Constructions faces GST demand of Rs 5.37 crore from tax authority

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KNRCON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-7.2%Reaction day

₹179.40

prior close

₹178.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.8%-6.4% vs market

Civil Construction peers, median of 94sector-1.3%-5.9% vs sector

On the reaction day the stock moved 6.4 pts less than Nifty Microcap 250 and 5.9 pts less 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

-3.7

10m

-3.8

15m

-4.1

30m

-4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.2-0.8-6.4-1.3-5.9

Next day

-7.2-0.8-6.3-1.8-5.4

-9.2+0.6-9.7-0.8-8.4

-10.1+0.8-10.9-0.4-9.7

-10.1+1.7-11.8+0.7-10.8

-12.5+2.0-14.4-1.2-11.3

-14.7+1.3-16.0-1.8-12.9

15d

-23.5-7.1-16.4-10.1-13.3

-20.5-6.8-13.6-12.2-8.3

-28.3-7.1-21.1-14.5-13.7

-37.0-15.7-21.3-27.3-9.7

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 received an order from the Commissioner of Central Tax and Customs (Appeals) in Guntur demanding Rs 5.37 crore. The demand covers alleged excess Input Tax Credit of Rs 1.94 crore, interest of Rs 23 lakh on delayed returns, penalty of Rs 3.13 crore, and smaller GST discrepancies. The company plans to appeal before the GST Appellate Tribunal and says financial impact cannot be assessed yet.

Likely market impact

Adverse GST order of Rs 5.37 crore; company plans to appeal. Short-term overhang until GSTAT outcome.