KNR Construction hits upper circuit

KNR Construction seems to be on a roll. The stock hit the upper circuit on 18^th and then again on 22^nd and now, today at Rs.238.95; locked at the 8% upper circuit.

The stock hit the roof on 22^nd, post the receipt of Rs.68 crore order from Government of Karnataka. The announcement of this order was made on 21^st evening, after market hours. And today too, the stock carried on with the same momentum, with this order bringing in more cheer.