PNC Infra, Ashoka Buildcon, IRB others: Increase in competition may lead to a moderation in operating margins
Construction stocks :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….
