National Highways Infra Trust Sees Surge in Trading Activity and Investor Interest

National Highways Infra Trust (NHIT) has emerged as one of the most active equities today, showcasing significant trading activity with a total volume of 37,825,000 shares and a total traded value of Rs 5,049.64 million. The stock opened at Rs 133.5 and maintained this price throughout the trading session, reaching a new 52-week and all-time high of Rs 133.5.
In terms of performance, NHIT outperformed its sector with a 1.14% return compared to the sector's 0.75% and the Sensex's 0.58% return. The stock has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Notably, the stock has experienced erratic trading, not being active on five out of the last 20 days.

Investor participation appears to be on the rise, with a delivery volume of 400,000 shares on March 13, reflecting a 6.67% increase against the 5-day average delivery volume. Additionally, NHIT boasts a high dividend yield of 3.76% at the current price, contributing to its appeal in the mid-cap market, where it holds a market capitalization of Rs 17,518 crore. Overall, National Highways Infra Trust's performance today reflects a robust position within its industry.