Why is KNR Constructions Ready to Fly? What Next?

In this insightful article, we delve into the world of Relative Strength Index (RSI) trends, highlighting stocks that are trending up. Drawing data from StockEdge, we examine 10 stocks meticulously handpicked by ETMarkets that have witnessed an upward RSI movement. The article underscores the signi…

Trident, KNR Constructions among 10 stocks with RSI trending up

HDFC Securities is bullish on KNR Constructions has recommended buy rating on the stock with a target price of Rs 329 in its research report dated August 16, 2023.

Buy KNR Constructions; target of Rs 329: HDFC Securities

Motilal Oswal is bullish on KNR Constructions recommended buy rating on the stock with a target price of Rs 290 in its research report dated August 16, 2023.

Buy KNR Constructions; target of Rs 290: Motilal Oswal

Results Review for JK Cement, Vinati Organics, KNR Constructions, Ahluwalia Cont

ITC Ltd, Vodafone Idea Ltd, Indiabulls Housing Finance, KNR Constructions Ltd, AstraZeneca Pharma India, Wockhardt Ltd and Saksoft Ltd are among a handful of companies that will announce their quarterly results today.

Gift Nifty signals a tepid start: ITC, Vodafone Idea Q1 results; stocks in F&O ban; TVS Supply IPO & more

ITC Ltd, Vodafone Idea Ltd, Indiabulls Housing Finance, KNR Constructions Ltd, AstraZeneca Pharma India, Wockhardt Ltd, Saksoft Ltd and Uflex are among a handful of companies that will announce their quarterly results today.

Stocks in news: ITC, Adani Ports, Tata Steel, Nykaa, Vodafone Idea, HDFC Bank & CarTrade

The stock has lost 8.17 percent over the last six months. Axis Securities, however, maintains a ’buy call on the stock with a target price of Rs 325

KNR Constructions gains after subsidiary bags road project in Karnataka

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 …

Improved awarding and execution to benefit road construction companies

The total road awarding was hardly around 100 kilometers in April and May. Nonetheless, Axis Securities remains optimistic on the long-term prospects of PNC Infratech, HG Infra Engineering Limited, and KNR Constructions.

Road award dip in April-May will not impact long term goals, bullish on Infrastructure sector; say analysts

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.

Buy KNR Constructions; target of Rs 320: Motilal Oswal

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

KNR Constructions Limited (KNRCL) is an infrastructure development organization. The Company’s segments include Express ways, National Highways, State Highways, Rural Roads, Flyovers, Bridges and Viaducts and Irrigation Projects.