Invesco Mutual Fund took a new position in KNR Constructions, acquiring 11,562,609 shares worth ₹147.16 crore, representing a 4.11% stake.
A Hyderabad-based infrastructure company providing engineering, procurement, and construction services across roads, highways, irrigation, and urban water infrastructure projects. Established in 1995, the company specializes in end-to-end project execution and infrastructure development. KNR Constructions focuses on delivering integrated EPC solutions for transportation and water management sectors across India, combining technical expertise with project management capabilities to serve government and private sector clients.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
