KNR Constructions Limited has informed the Exchange about Awarding of order(s)/contract(s)
KNRCON · price
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On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 1.0 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.
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KNR Constructions has received a Letter of Acceptance for an EPC/Turnkey project worth Rs. 459.08 Crores (excluding GST) in Telangana. The scope includes construction of multi-level flyovers/grade separators at Khajaguda Junction and IIIT Junction, widening of a 215 feet road from Cyberabad CP office to Gachibowli Junction, and widening of a road to 150 feet from Anjaiah Nagar to Ramky Tower Road. The project has a construction period of 24 months. The trading window for dealing in company securities is closed from September 23 to September 25, 2025.
This Rs. 459 Crore order is a meaningful addition to KNR's order book, likely representing a double-digit percentage of annual revenue, providing revenue visibility over the next 24 months. The order strengthens the company's presence in Telangana's infrastructure segment and should be viewed positively by shareholders.