Page 9 - Knr Constructions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Improved execution of road projects in India is expected to benefit construction companies, especially KNR Constructions and PNC Infratech with their superior execution capabilities. The combined construction of roads by NHAI and MoRTH improved to 6,684 km in Jan-May 2023 from the previous year. If the present momentum in road construction continues, analysts predict that the average length of roads constructed per day will jump to 33 km in FY24.

Motilal Oswal is bullish on KNR Constructions recommended buy rating on the stock with a target price of Rs 320 in its research report dated May 30, 2023.

Stocks to buy today: Stock brokerages recently came out with research reports on select stocks namely Oberoi Realty, Navin Fluorine, KNR Constructions and Uno Minda. These four stocks have received 'Buy' ratings from individual brokerage firms. Watch this Business Today Visual Story to see what broking firms said about these stocks.

The share of roads segment in the total infrastructure projects awarded by the government improved to 29.2% in the first seven months of 2021 from 15.3% in the year-ago period. This reflects the governments increasing thrust on road development.

The share of roads segment in the total infrastructure projects awarded by the government improved to 29.2% in the first seven months of 2021 from 15.3% in the year-ago period. This reflects the governments increasing thrust on road development.