Time period given by analyst is Intra Day when KNR Constructions Ltd. price can reach defined target. KNR Constructions Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 9033.26 Crore) operating in Infrastructure sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 812.09 Crore, down -18.83 % from last quarter Total Income of Rs 1000.44 Crore and up 53.36 % from last year same quarter Total Income of Rs 529.52 Crore. Company reported net profit after tax of Rs 102.81 Crore in latest quarter.
Investment Rationale
Formation of higher high-low sustaining above its 20 days EMA signifies inherent strength.
Promoter/FII Holdings
Promoters held 53.3 per cent stake in the company as of June 30, 2021, while FIIs held 2.3 per cent, DIIs 34.4 per cent and public and others 10.1 per cent.
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