KNR Constructions has witnessed a sharp rise in share prices on Friday after the company has bagged a project worth Rs 683.7 million from project director, KSHIP, government of Karnataka.

This order is for construction of ROB with approach at Railway Km 316/200-300, road Chainage 7+695 on Davanagere - Channagiri road and at Railway Km 60/600-700 on road Chainage 42+214 on Ramdurga - Badami road.

Shares of the company are trading at Rs 227.60, up Rs 10.8, or 4.98% at the Bombay Stock Exchange (BSE) on Friday at 10:56 a.m.

The scrip has touched an intra-day high of Rs 227.60 and low of Rs 223.50. The total volume of shares traded at the BSE is 4,980.