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KNR Constructions Secures ₹235 Crore Telangana EPC Project; Shares Edge Higher

By HDFC SKY | Published at: Jun 9, 2026 03:18 PM IST

KNR Constructions received a ₹235.07 crore EPC road project from Malkajgiri Municipal Corporation in Telangana, supporting its urban infrastructure order book.

 

KNR Constructions Secures ₹235 Crore Telangana EPC Project; Shares Edge Higher
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Mumbai, June 9: KNR Constructions has received a Letter of Acceptance from Malkajgiri Municipal Corporation, Hyderabad, for an urban road infrastructure project in Telangana valued at ₹235.07 crore excluding GST.

The company disclosed the development through an exchange filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

According to the filing, the project involves construction of a six-lane bidirectional flyover connecting TKR College Junction, Yatri Nagar Junction and MandaMallaMma Junction under the Engineering, Procurement and Construction (EPC) mode.

KNR Constructions said the project has been awarded on a turnkey basis and the execution timeline for the contract is 24 months.

The latest order further strengthens the company’s infrastructure execution pipeline in the urban roads and transportation segment.

Stock Market Snapshot

KNR Constructions share price traded marginally higher following the announcement of the new EPC order.

The stock was trading at ₹127.00, up 0.10%, as of 14:11 IST on June 09, 2026, according to market data.

Investors continued to monitor order inflows across the infrastructure sector, particularly EPC contracts linked to state-backed urban mobility and transport development projects.

KNR Constructions share price

Urban Infrastructure Focus Continues

KNR Constructions is engaged in road, highway and infrastructure development projects across multiple states through EPC and hybrid annuity models.

The newly awarded Telangana project adds to the company’s urban infrastructure portfolio at a time when municipal and state authorities continue to expand investments in traffic decongestion and road connectivity projects.

The company has maintained a strong presence in transportation infrastructure, with projects spanning highways, flyovers, irrigation and civil construction activities.

Project Expected To Support Order Book Visibility

The ₹235 crore order is expected to contribute to the company’s execution revenue over the next two years given the 24-month construction timeline.

The latest contract also reflects continued public infrastructure spending in Telangana, particularly in urban transport and connectivity upgrades aimed at easing traffic movement across high-density corridors.

Source:

  • https://www.nseindia.com/get-quote/equity/KNRCON/KNR-Constructions-Limited
  • https://nsearchives.nseindia.com/corporate/KNRCON_09062026140530_IntimationLOA.pdf
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