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KNR Construction Q3 Review — Muted Performance Expected In The Next Two Quarters, Nirmal Bang Maintains 'Buy'
The stock has reached Nirmal Bang's target price and has experienced a correction of 41% from its 52 week high of Rs 415.
17 Feb 2025, 08:40 AM IST 
KNR Constructions Ltd.'s top line is projected to decline 10-15%, whereas the bottom line is expected to remain consistent with the figures from Q3 FY25.(Photo Source: Company website).
KNR aims to secure an order book ranging from Rs 80 to 100 billion, focusing on initiatives in Rajasthan irrigation, Madhya Pradesh irrigation, the MSRDC project, and various projects across Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka.
