KNR Constructions shares experienced a significant surge on Monday, March 30, 2026, jumping more than 12% during intraday trading after securing a major infrastructure contract. According to Upstox reports, the stock surged 12.66% to hit its intraday high of ₹123.50, compared to the previous close of ₹109.62. As of 11:34 am, the shares were trading 9.22% higher at ₹119.85. The stock has shown mixed performance over different time periods, with a 42% decline over five years and over 52% drop in the last three years, while being down 48% over the past year.
The Hyderabad-based infrastructure firm secured a significant order from the National Highway Authority of India (NHAI) over the weekend. As reported by Upstox, the company received a ₹1,734 crore order to build a four-lane highway extension of NH-167 from Gudebellur to Mahabubnagar under the Hyderabad Panaji section. The 80.01-kilometre highway will be executed under a Hybrid annuity mode in the state of Telangana, with a construction period of 730 days and an operation period of 15 years from the Certificate of Completion date. According to ScanXNews, the project involves the construction of 4-laning of NH-167 from Gudebellur at Design Km. 182+930 to Mahabubnagar at Design Km 262+940, with the company officially receiving the Letter of Award from NHAI on March 27 at 4:48 PM.
According to Upstox reports, this latest contract adds to KNR Constructions' recent order wins. The company had earlier this month secured an ₹83.64 crore widening and strengthening of pipeline road order on March 26, and a ₹50.47 crore 4-lane unidirectional flyover order for the state of Telangana. The company officially informed exchanges on March 27, 2026, at 4:48 pm about receiving the Letter of Award from NHAI for the 4-laning construction project. As reported by ScanXNews, the ₹83.64 crore project involves widening and strengthening of pipeline road from Shankarpally road at MGIT to Manikonda, including junction development at NPCI in Telangana state, with a 9-month construction timeline.
Despite the positive contract win, KNR Constructions reported challenging financial results in the October-December quarter of FY2025-26. As reported by Upstox, the company recorded a 59% fall in consolidated net profits to ₹101.79 crore compared to ₹250.56 crore in the same period of the previous fiscal year. The company's revenue from core operations dropped 12% to ₹743.19 crore year-on-year, with earnings per share declining to 3.66 from 8.84 in the same quarter of the previous financial year.
According to Upstox data, KNR Constructions shares hit their 52-week high level at ₹247.80 on April 24, 2025, while the 52-week low was at ₹108.65 on March 27, 2026. The company's market capitalisation stood at ₹3,356.25 crore as of the trading session on March 30. On a year-to-date basis, the stock has lost 26.84% and is down 10.95% in the last one-month period, though it has gained 3.62% in the last five market sessions. Following the project award announcement, KNR Constructions has implemented trading window restrictions as per company policy, with the trading window for dealing in company securities closed from March 27, 2026, to March 28, 2026, in accordance with the KNRCL Code of Conduct for Prevention of Insider Trading.
