Construction stocks, April 18 -- Road construction majors as PNC Infratech Ltd, Ashoka Buildcon, IRB Infrastructure Developers Ltd, KNR Constructions Ltd and others have seen their share price decline 10-36% year to date in 2025. While steep correction in the markets has also contributed to this decline, the rising competition is often sighted as a concern on margins. The order flows in FY25 to remained subdued due to general elections ,the prjects awarded were at discount to base prices, higlighted ICRA

ICRA Ratings expects the construction industry to grow by 8-10% in FY2026. However they add that increased competition will remain a drag on profitability of construction companies. Road-focused contractors witnessing pressure on revenue...