National Highways Infra Trust Sees Strong Buying Amid Price Gains and Milestone Approaches

National Highways Infra Trust is currently witnessing strong buying activity, with a notable performance today, gaining 0.76%. This contrasts with the Sensex, which experienced a slight decline of 0.01%. Over the past week, the stock has increased by 1.46%, while the Sensex rose by 1.55%. In the last month, National Highways Infra Trust has shown a modest gain of 1.07%, significantly outperforming the Sensex, which fell by 4.53%. Year-to-date, the stock has appreciated by 6.75%, compared to the Sensex's marginal increase of 0.29%. However, over a three-year period, the stock's performance of 21.10% lags behind the Sensex's impressive 40.67% growth.
The stock is currently trading just 0.76% below its 52-week high of Rs 133. Despite this positive momentum, it has underperformed its sector by 0.63% today. The trading activity has been somewhat erratic, with the stock not trading on five out of the last 20 days, and it has remained within a narrow range of Rs 0.5. Notably, National Highways Infra Trust is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.