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 March 27, 2015, KNR Constructions closed at Rs 398.80, up Rs 4.70, or 1.19 percent. The 52-week high of the share was Rs 484.50 and the 52-week low was Rs 89.00.
The company's trailing 12-month (TTM) EPS was at Rs 27.25 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 14.63. The latest book value of the company is Rs 182.52 per share. At current value, the price-to-book value of the company is 2.18.
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
Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec