National Highways Infra Trust Approaches 52-Week High Amid Strong Buying Activity

National Highways Infra Trust is currently witnessing strong buying activity, with all trading sessions today favoring buyers. The stock has shown a slight decline of 0.04% in its one-day performance, contrasting with the Sensex's gain of 0.66%. Over the past week, National Highways Infra Trust has increased by 1.02%, while the Sensex has risen by 4.25%. In the month-long view, the stock has gained 0.95%, underperforming the Sensex, which has appreciated by 5.22%.
Despite these short-term fluctuations, the stock has demonstrated resilience over the longer term, with a 3-year performance of 22.34% compared to the Sensex's 36.85%. The stock is currently trading close to its 52-week high, just 1.24% away from Rs 135. Notably, it has outperformed its sector by 0.86% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock boasts a high dividend yield of 3.72%, which may contribute to the ongoing buying pressure.