KNR Constructions Secures Major Contract for 6-Lane Flyover in Telangana
KNR Constructions Limited has been awarded a significant contract for the construction of a major flyover project in Telangana. The company received the Letter of Acceptance from the Malkajgiri Municipal Corporation, Hyderabad, confirming the EPC/Turnkey basis project.The project involves the construction of a 6-lane bi directional flyover. This infrastructure development will cross key junctions including TKR College junction, Gayatri Nagar Junction, and Mandamallamma Junction.
Valued at Rs. 235,07,01,000/- (Rupees Two Hundred and Thirty-Five Crores Seven Lakhs One Thousand Only), the construction agreement excludes GST. The project scope includes the comprehensive execution of the flyover infrastructure under an Engineering Procurement Construction (EPC)/Turnkey Basis framework.
The contracted construction period for KNR Constructions Limited is 24 months, commencing with the receipt of the Letter of Acceptance in June 2026.
KNRCON Stock Price Movement
Today, KNR Constructions Limited shares edged higher to close at ₹127.31 after settling up by 0.35%. The stock traded within a narrow intraday band, charting a low of ₹126.3 and a high of ₹128.63, while recording a volume of 1.13 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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