The Economic Times News

KNR Construction, other road & highway stocks tumble up to 53% in 2025. Budget is both a hope and hurdle

Indian road and highway stocks are experiencing significant declines. Investor appetite is low due to a flat Budget 2025 capex and reduced market share for listed developers. Experts are advising caution for investors. Companies are facing revenue contraction and volatile profitability. The outlook suggests continued stress in the road construction sector.