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Feb 27, 2009, 01.55 PM IST | Source: Press Release

KNRCL bags Rs 576.38cr order

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 Hyderabad, has bagged a order worth Rs 576.38 crore. The order is to execute an eight lane expressway for Hyderabad Growth Corridor Limited (HGCL).

 

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 October 22, 2014, KNR Constructions closed at Rs 276.50, up Rs 2.75, or 1.00 percent. The 52-week high of the share was Rs 322.00 and the 52-week low was Rs 61.90.


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 11.16. 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 1.51.

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