Bengaluru, June 8 -- India's mining infrastructure opportunity is quietly becoming one of the most lucrative corners of the EPC universe, and a Hyderabad-based construction major has just added one of its largest non-road contracts to its execution pipeline. With Coal India subsidiaries ramping up mechanized mining capacity, a fresh Letter of Acceptance signals that diversification beyond highways is beginning to pay off in a meaningful way.

With a market capitalization of Rs.3,656 crore, the shares of KNR Constructions Limited were trading at Rs.130 per share, with a 52-week range of Rs.245 to Rs.108.65. It is trading at a P/E of approximately 8x.

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KNR Constructions Limited, through its joint venture M/s KNR-SIML JV (KNR C...