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Stock Market Update – KNR Construction Share Price Target Tomorrow 2024 To 2030

KNR Construction Share Price Target

KNR Constructions Ltd is a prominent infrastructure development company in India, specializing in roads, highways, and irrigation projects. Known for its expertise in engineering, procurement, and construction (EPC), KNR has completed numerous projects across India with a focus on high-quality execution and timely delivery. The company has a solid track record in the infrastructure sector, supported by its advanced machinery, skilled workforce, and commitment to sustainable construction practices. KNR Constructions Share Price on NSE as of 13 November 2024 is 306.55 INR. Here will provide you more details on KNR Constructions Share Price Target 2024, 2025, 2026 to 2030.

KNR Constructions Ltd: Market Overview

  • Open Price: ₹306.45
  • High Price: ₹324.85
  • Low Price: ₹300.10
  • Previous Close: ₹284.30
  • Volume: 32,026,454
  • Value (Lacs): ₹98,513.37
  • VWAP: ₹311.87
  • UC Limit: ₹341.15
  • LC Limit: ₹227.45
  • P/E ratio: 10.61
  • Div yield: 0.082%
  • 52-wk high: ₹415.40
  • 52-wk low: ₹236.75
  • Mkt cap: ₹8.67KCr
  • Face Value: ₹2

KNR Constructions Ltd Competitors

Four competitor companies of KNR Constructions Ltd in the infrastructure and construction industry, along with their approximate market capitalizations, are:

  1. PNC Infratech Ltd – Market cap around ₹14,000 crore.
  2. H.G. Infra Engineering Ltd – Market cap approximately ₹7,000 crore.
  3. Dilip Buildcon Ltd – Market cap around ₹5,700 crore.
  4. Ashoka Buildcon Ltd – Market cap close to ₹5,500 crore.

KNR Construction Share Price Chart

KNR Construction Share Price Chart

KNR Construction Share Price Target Tomorrow 2024 To 2030

KNR Construction Share Price Target Years Share Price Target
2024 ₹420
2025 ₹550
2026 ₹642
2027 ₹783
2028 ₹846
2029 ₹955
2030 ₹1090

KNR Construction Share Price Target 2024

KNR Construction share price target 2024 Expected target could be ₹420. Three key factors likely to impact the growth of KNR Construction’s share price target for 2024 include:

  • Government Infrastructure Spending: Increased budget allocations by the Indian government for road and infrastructure development projects are expected to benefit KNR Constructions, which focuses on highway construction and urban infrastructure. This government support could boost project inflows and revenue growth.
  • Order Book Strength and Project Execution: KNR’s growth heavily depends on maintaining a robust order book and efficient project execution. Strong, timely project completions help the company secure new contracts, positively impacting revenue streams and enhancing market confidence.
  • Operational Efficiency and Margins: KNR’s ability to manage costs, optimize resources, and maintain healthy profit margins will play a critical role in its financial health. Effective cost management amid rising input prices, such as raw materials, will support profitability, influencing investor sentiment and share price positively.

KNR Construction Share Price Target 2025

KNR Construction share price target 2025 Expected target could be ₹550. Three key factors that could impact KNR Construction’s share price target for 2025 are:

  • Expansion of the Indian Infrastructure Sector: Government initiatives such as the National Infrastructure Pipeline and enhanced investments in transportation and urban development will likely provide KNR Construction with substantial growth opportunities. Strong government support for public infrastructure projects could lead to an increased number of contracts for KNR, boosting revenue.
  • Enhanced Focus on Operational Efficiency: Maintaining efficient project management and reducing costs will be crucial for KNR. This involves leveraging advanced construction technologies, effective labor management, and streamlining processes to keep profit margins healthy. Successful cost management will enable the company to maximize profits despite possible fluctuations in raw material costs.
  • Geographic and Project Diversification: KNR’s growth will benefit from diversification into various types of infrastructure projects, such as water and environmental sectors, beyond its core road construction business. Expanding to new geographic regions within India or internationally can open up additional revenue streams, spreading risk and enhancing long-term growth potential.

KNR Construction Share Price Target 2030

KNR Construction share price target 2030 Expected target could be ₹1090. Here are three key risks and challenges that could impact KNR Construction’s share price target for 2030:

  • Fluctuating Raw Material Costs: KNR Construction’s profitability is heavily influenced by the cost of raw materials such as cement, steel, and bitumen, which are essential for construction projects. Volatility in commodity prices can significantly affect project margins, especially for long-term contracts where costs are fixed. Price hikes in these materials due to supply chain disruptions or global demand fluctuations can put pressure on KNR’s profitability.
  • Delays in Project Execution: Project delays caused by factors such as regulatory hurdles, land acquisition issues, environmental concerns, or labor shortages can affect the timely delivery of construction projects. Since infrastructure projects often have tight deadlines, any delay can lead to cost overruns, lower margins, and strained relationships with clients, negatively impacting KNR’s financial performance and reputation.
  • Competition and Market Saturation: The infrastructure sector in India is highly competitive, with numerous large and medium-sized players vying for government contracts. As the market matures, KNR Construction may face challenges from both established firms and new entrants that offer lower bids to secure contracts. Increased competition could erode margins and reduce growth potential, especially if the company does not successfully diversify or innovate its service offerings.

KNR Constructions Ltd Shareholding Pattern

  • Promoters: 48.81%
  • Mutual Funds: 29.03%
  • Retail and Others: 14.06%
  • FII: 6.66%
  • DII: 1.44%

KNR Constructions Ltd Shareholding Pattern

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KNR Constructions Ltd Financials

(INR) 2024 Y/Y change
Revenue 44.43B 8.95%
Operating expense 4.58B -3.68%
Net income 7.77B 69.73%
Net profit margin 17.50 55.83%
Earnings per share 17.56 23.07%
EBITDA 10.71B 15.16%
Effective tax rate 20.68% —

KNR Constructions Ltd Financials

KNR Constructions Quarterly Financials

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