KNR Constructions Ltd share price today (on 21 March 2023).

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The Company was incorporated on July 11, 1995 as KNR Constructions Limited and received certificate of commencement of business on August 9, 1995. The company has engaged in the business of infrastructure project development providing engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management. The company project execution strength primarily is in road transportation engineering projects namely construction and maintenance of roads, highways, flyovers and bridges wherever integral to the projects undertaken. In 1997, the Company has acquired at their book values the assets and liabilities of partnership business of M/s K Narasimha Reddi & Co. ('the firm') for a total consideration of Rs.3.19 Crores w.e.f. April 1, 1997.
At the time of acquisition, the firm was engaged in the business of undertaking civil and mechanical contracts work. The firm was constituted in the year 1979 and was re-constituted on several occasions.Over a period of time the company has gained expertise in construction of roads on EPC basis and further diversified into other infrastructure segments like irrigation, water supply and urban water infrastructure management. In the past the company has executed infrastructure projects independently as well as through joint ventures. Currently, most of the road projects were executed with joint venture partner, Patel Engineering Limited.
As on June 30, 2007, the company has having 24 projects on hand across various states in India covering Uttar Pradesh, Madhya Pradesh, Assam, Andhra Pradesh, Karnataka, and Tamil Nadu. The Company has the ability to bid, execute and implement medium and large size projects across various infrastructure segments. The estimated unexecuted order book position, as at June 30, 2007 was Rs. 1,272.98 Crores, which is approximately 4 times the operational income of fiscal 2007 on consolidated basis.

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