KNR Construction Share Price II Here is why Anand Rathi is Bullish on this stock
With monetisation proceeds from its Walayar-Vadakancherry BOT-toll, KNR’s balance sheet is at its strongest in many years. It could have been sturdier were it not for the protracted receivables cycle for Telangana irrigation orders. With these payments already started to flow in and the swifter than expected return of execution efficiency, KNR appears set to continue its industry-leading performance.
Margin guidance reiterated at 17-18%, but with potential based on the project mix: Reuters