Hyderabad-based infrastructure firm, KNR Constructions' share price jumped more than 12% during the intraday trading session on Monday, March 30, 2026, after the company over the weekend secured a ?1,734 crore order from the National Highway Authority of India, according to an exchange filing.

KNR Constructions shares surged 12.66% to hit their intraday high of ?123.50 on Monday, compared to ?109.62 at the previous stock market close, according to NSE data. As of 11:34 pm, the company’s stock was trading 9.22% higher at ?119.85, compared to the previous market close.

National Highway Authority of India (NHAI) has awarded KNR Constructions an order to build a four-lane highway extension of the NH-167 from Gudebellur to Mahabubnagar of the Hyderabad Panaji section under a Hybrid annuity mode in the state of Telangana.

The 80.01-kilometre highway order bid was for ?1,734 crore and is set to be executed for a construction period of 730 days and an operation period of 15 years from COD.

“We herewith intimate to the exchanges that the company is in receipt of a Letter of Award from the National Highways Authority of India on March 27, 2026, at 04.48PM for construction of 4-laning of NH-167 from Gudebellur at Design Km. 182+930 to Mahabubnagar at Design Km 262+940 of Hyderabad – Panaji Section,” said the company.

Earlier this month, the company bagged an ?83.64 crore widening and strengthening of pipeline road order on March 26, and a ?50.47 crore 4-lane unidirectional flyover order for the state of Telangana.