KNRCON NSE filing

KNR Constructions Receives ₹72.80 Crore Flyover Project from GHMC

The RealCase readMedium impact Positive

Why it matters

The order value is significant and expected to contribute to revenue. The project duration is also considerable.

The market read

The announcement of a new project win is generally considered positive news for the company.

* KNR Constructions Limited has received a Letter of Acceptance from Greater Hyderabad Municipal Corporation (GHMC) for the construction of a 3-lane flyover on LHS (towards Ameerpet) and a 3-lane flyover on RHS of NH65 (towards Miyapur) at Kukatpally “Y” junction. * The project is under Engineering Procurement and Construction (EPC)/Turnkey basis in Telangana. * The project is valued at ₹72.80 crore excluding GST. * The construction period for the project is 24 months.

Filing to action

What to do with a filing like this

KNR Constructions Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by KNR Constructions Limited. Read the original for the full detail.

View original filing