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KNR Constructions bags order; stk gains-news20042012

Thursday, April 19, 2012

KNR Constructions advanced over 5% and touched monthly high of Rs141, after the company received order worth of Rs180.40 crore to our KNR- JKM JV, So far, 8805 shares have traded on the BSE as against the two-week average volume of 1821 shares.


KNR Constructions Hyderabad an infrastructure development company, announced that our 51:49 joint venture with JKM Infra Projects");'> JKM Infra Projects Limited ( JKM) has been awarded by Government of Arunachal Pradesh, Public Works Department an order worth Rs180.40 crore towards “2 laning of Gobuk - Mariyang-Sihjon Nallah from km 26.210 (Gobulc) to 75.485 (Sijhon Nallah) (Existing Ch. 27.000—75.000) (Net Length - 49.275 Kin) in Arunachal Pradesh under Arunachal Pradesh Package of SAROP-NE” and the said project to be completed within a period of 36 Months from the Appointed Date.
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