KNRCONNSEKNR Constructions Limited· ConstructionHighPositive
Announced Tue, 23 Sept · 14:40 IST

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

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

KNRCON · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.