Net Sales are expected to increase by 13.3 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 868 crore, according to Sharekhan.

While the order inflows over the last couple of years have been tepid, the brokerage believes this strong tender pipeline can translate into decent order inflows for the company in the coming months.

Motilal Oswal is bullish on KNR Constructions recommended buy rating on the stock with a target price of Rs 310 in its research report dated December 16, 2022.

KNR Constructions, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7302.26 Crore) operating in Infrastructure sector.

YES Securities is bullish on KNR Constructions has recommended buy rating on the stock with a target price of Rs 377 in its research report dated November 15, 2022.

Attractive valuations and NHAI order inflows in the second half of this fiscal are likely to pep up the two EPC stocks despite a lull in the sector.

ICICI Direct is bullish on KNR Constructions recommended buy rating on the stock with a target price of Rs 290 in its research report dated November 16, 2022.

KNR Constructions Ltd. key Products/Revenue Segments include Income From Contracts and Other Operating Revenue for the year ending 31-Mar-2022.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6800.25 Crore) operating in Infrastructure sector.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6288.41 Crore) operating in Infrastructure sector.

Net Sales are expected to decrease by 3.6 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs. 728.5 crore, according to Yes Securities.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 990.57 crore, down 11.71 per cent from last quarter total income of Rs 1121.91 crore and up 21.98 per cent from last year same quarter total income of Rs 812.09 crore.

Lohchab said he is positive on large banks, echoing many others including those at Morgan Stanley that rerated the entire banking sector earlier this week. He said he prefers ICICI Bank, Axis Bank and SBI among them. He is also positive on NBFCs like Chola Finance.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7210.86 Crore) operating in Infrastructure sector.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7071.64 Crore) operating in Infrastructure sector.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7369.75 Crore) operating in Infrastructure sector.

Sharekhan is bullish on KNR Constructions has recommended buy rating on the stock with a target price of Rs 333 in its research report dated August 12, 2022.

ICICI Direct is bullish on KNR Constructions has recommended buy rating on the stock with a target price of Rs 310 in its research report dated August 14, 2022.

Motilal Oswal is bullish on KNR Constructions recommended buy rating on the stock with a target price of Rs 310 in its research report dated August 13, 2022.

State Bank of India has dragged Simbhaoli Sugars to bankruptcy over a Rs 395 crore loan.

Asian shares rose at the open on Thursday after a slowdown in US inflation boosted hopes that the Federal Reserve will slow down its pace of interest rate hikes. The annual US consumer price index eased to 8.5 per cent in July from a 40-year high of 9.1 per cent the previous month, the Labor Department reported, while the monthly rate was unchanged -- a big surprise.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7030.87 Crore) operating in Infrastructure sector.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6601.98 Crore) operating in Infrastructure sector.

US stock indexes opened higher on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth companies and banks that were hammered in a rout last week on worries over a global economic downturn.

The National Highway Authority of India (NHAI) had awarded 4,788 km and 6,306 km of projects in FY21 and FY22, respectively, surpassing its targets for these years. In FY23, it is estimated that highway projects of 5,500 km would be awarded by NHAI.

Rashtriya Chemicals and Fertilisers has formed Bullish Engulfing candlestick pattern on the daily charts. Stock found support on the upward sloping trend line on the daily chart and reversed north.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7019.62 Crore) operating in Infrastructure sector.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7189.76 Crore) operating in Infrastructure sector.

KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7291.01 Crore) operating in Infrastructure sector.

Motilal Oswal is bullish on KNR Constructions recommended buy rating on the stock with a target price of Rs 360 in its research report dated April 21, 2022.

According to analysts, the government has increased the pace of awarding of roads projects after the elections in five states. That would also help MoRTH to achieve its target for the full year.

There are two key factors which have contributed to this trend. Unlike build, operate and transfer (BOT) projects, which require high capital, hybrid annuity construction projects are asset light as 40% of the project cost is borne by the government. Due to this, banks have been funding construction projects of unlisted companies. The second factor is flexible pre-qualification norms to secure projects.