Bengaluru, Nov. 24 -- Known for its expertise in infrastructure and road development projects, the company has recently seen a sharp 53% fall in its stock price. This article explores the reasons behind the decline and whether the company can recover from this significant drop in investor confidence.

KNR Constructions Limited's stock, with a market capitalisation of Rs. 4,563 crores, fell to Rs. 162, hitting a low of up to 2.86 percent from its previous closing price of Rs. 166.78. Furthermore, the stock over the past year has given a return of 48.8 percent.

What Happend? The debarment issue began after a structural collapse on the Ramanattukara-Valanchery stretch of National Highway 66 in Kooriyad, Malappuram, Kerala. The project, awar...