KNR Const JV bags Rs 180 cr order; stock up

Shares of KNR Constructions gained momentum after the company in joint venture with JKM Infra Projects bagged Rs 180.40 crore order.

Shares of KNR Constructions gained momentum after the company in joint venture with JKM Infra Projects bagged Rs 180.40 crore order from government of Arunachal Pradesh for two laning of Gobuk-Mariyang-Sihjon Nallah. The project is to be completed within a period of 36 months.

The stock was at Rs 132.10, up 3.53 per cent, on the BSE. It touched a high of Rs 141 and low of Rs 134 in trade so far.

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