CALCULATE YOUR SIP RETURNS

K&R Rail Engineering Signs MoU with Indian Port Rail & Ropeway Corp

Written by: Team Angel OneUpdated on: Mar 7, 2025, 2:24 PM IST
K&R Rail Engineering Ltd. partners with Indian Port Rail & Ropeway Corporation Ltd. to execute ₹50 to ₹5000 crore infrastructure projects, fostering growth and development.
K&R Rail Engineering Signs MoU with Indian Port Rail & Ropeway Corp
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

K&R Rail Engineering Limited has signed a Memorandum of Understanding (MoU) with Indian Port Rail and Ropeway Corporation Limited, a public sector enterprise under the Ministry of Shipping, Government of India. This agreement focuses on collaboration in executing large-scale infrastructure projects, including railways, roads, highways and ports.

Scope of the MoU

The projects under this agreement will range from ₹50 crore to ₹5000 crore. The objective is to drive mutual growth for both organisations while ensuring seamless project execution within India and internationally.

Nature of the Contract

  • The contract is classified as an Engineering, Procurement and Construction (EPC) contract under Phase-II.
  • The collaboration is structured as a joint venture to execute civil infrastructure projects.

About the Company 

K&R Rail Engineering Limited is a key player in railway, road and port infrastructure, specialising in track construction, electrification and maintenance. The company collaborates with the government and private sectors to drive seamless infrastructure growth.

Share Performance 

As of March 07, 2025, at 9:40 AM, K&R Rail Engineering share price is trading at ₹299.50 per share, reflecting a surge of 2.13% from the previous day’s closing price. Over the past month, the stock has registered a loss of 9.99%. The stock’s 52-week high stands at ₹671 per share, while its low is ₹278.90 per share

Conclusion

This partnership is expected to bring significant business opportunities, strengthen infrastructure development, and contribute to economic growth. The collaboration aligns with both companies’ strategic expansion plans.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 7, 2025, 2:24 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers