KNR Constructions Limited has informed the Exchange about Awarding of order(s)/contract(s)

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

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

+9.1%Reaction day

₹212.20

prior close

₹229.00

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.9%+7.2% vs market

Civil Construction peers, median of 87sector+1.4%+7.7% vs sector

On the reaction day the stock moved 7.2 pts more than Nifty Microcap 250 and 7.7 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

+2.0

10m

+1.1

15m

+1.3

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.1+1.9+7.2+1.4+7.7

Next day

+6.2+1.9+4.2+1.3+4.9

+5.1+2.4+2.7+1.7+3.4

+5.0+3.3+1.7+1.9+3.2

+3.4+3.4+0.0+1.5+1.9

+3.0+3.2-0.3+0.9+2.1

+5.3+3.7+1.6+1.2+4.1

15d

+4.6+5.4-0.7+1.8+2.8

+2.0+2.4-0.3-2.1+4.1

-6.0+0.8-6.8-4.3-1.6

-4.8+1.1-5.9-4.9+0.1

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 87Pending

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 a short-term contract to develop and operate the Banhardih Coal Mining Block in Jharkhand. The order, awarded by Patratu Vidyut Utpadan Nigam Ltd (a subsidiary of NTPC in JV with JBVNL), is worth Rs 4,800.57 crore (excluding GST). KNRCL will execute it through a joint venture (KNRCL: 74%, Harsha Constructions: 26%), translating to roughly Rs 3,553 crore for KNRCL's share. The project covers 34.50 million tonnes of mine reserve, with a 360-day initial development stage followed by 5 years of operation. The contract is a major public sector undertaking (PSU) award from an NTPC group entity.

Likely market impact

This is a very large order, likely exceeding 5% of KNRCL's annual revenue, and provides strong multi-year revenue visibility from a creditworthy PSU client. Positive for the stock, as it materially expands the order book and diversifies the company into coal mining operations.