Valuations remain very low... possibly due to it being in T2T segment. KNR has posted one of the best results in the construction industry this yr. Declared a dividend of Rs 2/share too :-)
Really ? I haven`t studied it in that much detail. The projects announced are all with bigger established players like Patel Engg. The list of projects are here: hXXp://w w w.knrcl . com/html/projects.htm
Most of them are NHAI projects so must be genuine.
As far as dividend goes you probably need to register complaint with co`s share registrar.
KNR will be big beneficiary of the budget & infra boom in the next decade.Main thrust will be on roads & irrigation,KNR is in both of these.So visualise its growth in coming decade.