NCC and Kalpataru Projects International are among the most exposed, with JJM order backlogs of ₹7,000 crore and ₹6,500 crore, making up about 11% of their September 2025 order books.
NCC and Kalpataru Projects International are among the most exposed, with JJM order backlogs of ₹7,000 crore and ₹6,500 crore, making up about 11% of their September 2025 order books.