National Highways Infra Trust Sees 5.49% Stock Increase, But Underperforms Sector

Mar 19 2024 01:50 PM IST
share
Share Via
On March 19, 2024, National Highways Infra Trust, a midcap company in the miscellaneous industry, saw a 5.49% increase in its stock price, as reflected in the stock call given by MarketsMojo. However, the stock underperformed the sector by -98.99% and is currently trading below its moving averages, indicating a downward trend. It outperformed the overall market on the day of the gain, but its performance over the past month was in line with the market. Investors should monitor the stock's future performance before making any decisions.


National Highways Infra Trust, a midcap company in the miscellaneous industry, saw a 5.49% increase in its stock price on March 19, 2024. This gain was reflected in the stock call given by MarketsMOJO, which rated the stock as 'Hold'.

In terms of performance, National Highways Infra Trust underperformed the sector by -98.99% on the same day. The stock also showed erratic trading behavior, as it did not trade for 5 days out of the last 20 days.

Looking at the moving averages, National Highways Infra Trust is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the overall market, National Highways Infra Trust outperformed the Sensex by 5.49% on the day of the gain. However, over the past month, the stock's performance was in line with the Sensex, with both showing a 5.49% increase.

Overall, National Highways Infra Trust's recent stock performance has been positive, but it is important to note the underperformance in the sector and the downward trend in moving averages. Investors may want to keep an eye on the stock's future performance before making any decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News