Company will construct road over bridge on Davanagere - Channagiri road and on Ramdurga -Badami road. The project is expected to be completed within 24 months.
The company reported a standalone net profit of Rs 19.79 crore in June 2014 qiarter, up 78.44 per cent, from net profit of Rs 11.09 crore in the corresponding quarter last fical
Shares of KNR Constructions were locked at 5 per cent upper circuit on begging Rs 68.37 crore orders from Government of Karnataka.
The promoters holding in the company stood at 70.14% while Institutions and Non-Institutions held 15.93% and 13.93% respectively.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 265.45 and a 52 week low of Rs 46.40 respectively.
The stock was locked at 5 per cent upper circuit at Rs 227.60 on the BSE.
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