KNR Constructions Ltd, a leading construction company based in Hyderabad, has bagged a order worth Rs 576.38 crore. The order is to execute an eight lane expressway for Hyderabad Growth Corridor Limited.
KNR Constructions Ltd, a leading construction company based in
This project is a 51:49 JV of KNR Constructions Ltd with GVR Infra Projects Ltd. The expressway would connect Patancheru to Shamirpet.
“We are glad to receive this order, which manifests that KNR Constructions Ltd is capable of executing large scale projects within a stipulated deadline and the construction quality is at par with the global standards”, says Mr. Jalandhar Reddy, Executive Director, KNR Constructions Ltd.
KNR Construct stock price
On August 22, 2014, KNR Constructions closed at Rs 219.85, down Rs 3.95, or 1.76 percent. The 52-week high of the share was Rs 265.45 and the 52-week low was Rs 46.40.
The company's trailing 12-month (TTM) EPS was at Rs 24.78 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 8.87. The latest book value of the company is Rs 183.70 per share. At current value, the price-to-book value of the company is 1.20.
READ MORE ON KNR Constructions, construction, order, Hyderabad Growth Corridor Limited, GVR Infra Projects , Jalandhar Reddy
Set email alert for
ADS BY GOOGLE
video of the day
Risk is a four letter word: Author Jerome Booth