KNR Construction Share Price
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What is KNR Construction (KNRC) Doing?
KNR Construction (KNRC) is primarily involved in Highway Projects, Irrigation and Water Management, River Bridges and Urban Development in India.
Where is KNR Construction (KNRC) Located?
KNR Construction, Head Quarters located in Plot No: 113 & 114, Phase 1, Kauri Hills, Jubilee Hills Road No.36, Hyderabad.
History of KNRC
KNR Construction was incorporated in 1995 in Hyderabad. Over 4 decades it has achieved numerous milestones. They were now operating in across 12 states in India, Such as,
- Tamilnadu
- Karnataka
- Kerela
- Andhra Pradesh
- Telangana
- Madhya Pradesh
- Uttar Pradesh
- Assam
- Gujarat
- Arunachal Pradesh
- Orissa
- Haryana
- Ontime or Before-time delivery of the project - When it comes to Civil Construction projects. Time is money. Because the more the time taken to complete the project the higher will be the labour cost. since the labour cost will keep increasing with increasing years. But KNRC mostly completed their projects on the scheduled date with little delay in only some projects.
- Financial Status - According to their Annual Report their turnaround, EBITDA ( Earnings before Interest, Tax, Depreciation and Amortization, PBT (Profit before tax), EPS( Earnings per Share) and Net Worth is Increasing which is very good.
- Fundamental Metrics - Price to Earnings Ratio (P/E Ratio) is a must while you are selecting a stock, the P/E ratio of KNRC construction is 9.85 which is less than that of the sector P/E which stands at 16.61 which means this company still has the potential to do well in the future.
- Debt Free - They are claiming that they are debt free.
- Insider Selling of Stock - Some People inside the company who hold the shares have sold 6% of their stake which shows a slightly low confidence in the stock. But 6% is still a small number which they could have sold for personal reasons.
- Free Cash Flow - In 2023, they have free cash flow and at the beginning of 2024, they have a negative free cash flow so we need to make a check on that too.
- More than its intrinsic Value - The Intrinsic Value of the stock may be nearly 179 to 180 but it is now trading at nearly 350.
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