Budget 2025 stocks: L&T, KEC International, others fall up to 5% on modest capex tweak

The government set a capex budget of Rs 11.2 lakh crore for the next fiscal year, slightly up from Rs 11.1 lakh crore in FY25. Following the announcement, shares of L&T, J Kumar Infraprojects, Ahluwalia Contracts, and KEC International dropped up to 5%. KNR Construction and H.G. Infra Engineering erased earlier gains, correcting up to 6.4% by 2:15 pm.