KNR Constructions hits 52-week high on highway project win

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KNR Constructions hits 52-week high on highway project win


MUMBAI: KNR Constructions hit 52-week high on Tuesday after the construction engineering company said it has won projects worth more than Rs 600 crore.

At 9:25 am, the stock was up 3.72 per cent to Rs 346, while benchmark Sensex was down 0.19 per cent at 48,087.64 points. The stock scaled a 52-week high of Rs 352.90 earlier in the day.

After market hours on Monday, the company said it has received orders worth of Rs. 603.63 Crores from Project Director, Highways (FAC), Chennai Kanyakumari Industrial Corridor Project, Chennai.

The stock has more than doubled from its March lows, but is up only 6.5 per cent for the year to date.





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