National Highways Infra Trust Sees High Value Trading Amid Market Volatility

Trading Activity and Price Movement

On 15 December 2025, National Highways Infra Trust opened and traded steadily at ₹148.15, which was also the day’s high and low, indicating a lack of price range movement during the session. The stock closed marginally lower by 0.57% compared to the previous close of ₹149.00. This performance slightly underperformed the construction sector’s daily return of -0.36% and the broader Sensex index’s decline of 0.49% on the same day.

Notably, the stock is trading just 1.92% below its 52-week high of ₹151, signalling that it remains near its peak levels over the past year. However, the stock has experienced a consistent weekly decline over the last eight weeks, cumulatively reflecting a 100% return loss in that period. This trend suggests a period of consolidation or correction following earlier gains.

Volume and Liquidity Insights

Liquidity metrics for NHIT indicate a robust trading environment. The stock’s liquidity supports trade sizes up to approximately ₹2.48 crore based on 2% of its five-day average traded value, making it accessible for institutional and retail investors alike. The delivery volume on 9 December 2025 was recorded at 84.5 lakh shares, marking a significant 135.7% increase compared to the five-day average delivery volume. This surge in delivery volume points to rising investor participation and potential accumulation by long-term holders.

Despite this, the stock exhibited erratic trading behaviour recently, having not traded on five out of the last twenty trading days. Such intermittent trading sessions may reflect market participants’ cautious stance or liquidity constraints on certain days.

Technical Positioning and Moving Averages

From a technical standpoint, National Highways Infra Trust’s share price is positioned above its 20-day, 50-day, 100-day, and 200-day moving averages, which often indicates underlying strength in the medium to long term. However, it remains below its 5-day moving average, suggesting some short-term pressure or profit-taking activity. This mixed technical picture may be contributing to the recent sideways price action and weekly declines.

Dividend Yield and Market Capitalisation

Investors may find the stock’s dividend yield of 4.71% at the current price attractive, especially in a low-yield environment. This yield level provides a steady income component alongside potential capital appreciation. National Highways Infra Trust is classified as a small-cap company with a market capitalisation of approximately ₹28,694 crore, placing it in a segment that often attracts investors seeking growth opportunities within the construction sector.

Institutional Interest and Market Sentiment

The substantial traded value and volume in National Highways Infra Trust suggest heightened institutional interest. Large order flows and delivery volumes rising above average levels typically indicate that institutional investors are actively participating in the stock. This is a key factor for market watchers as institutional buying or selling can influence price trends and liquidity.

However, the stock’s recent weekly declines and lack of price range during trading sessions may reflect a cautious market sentiment. Investors appear to be weighing the stock’s fundamentals against broader sectoral and macroeconomic factors affecting the construction industry.

Sectoral Context and Comparative Performance

Within the construction sector, National Highways Infra Trust’s performance has been slightly below the sector average on the day under review. The sector itself has faced headwinds due to fluctuating raw material costs, regulatory changes, and infrastructure spending patterns. Despite these challenges, NHIT’s proximity to its 52-week high and its dividend yield provide some counterbalance to the sector’s volatility.

Comparing NHIT with other small-cap construction stocks reveals that it maintains a relatively strong market capitalisation and liquidity profile. This positions it as a notable player within its peer group, potentially attracting investors looking for exposure to infrastructure assets with steady income streams.

Outlook and Investor Considerations

Investors analysing National Highways Infra Trust should consider the stock’s recent trading patterns, liquidity, and dividend yield in the context of broader market conditions. The stock’s position near its 52-week high and its standing above key moving averages suggest underlying resilience. However, the persistent weekly declines and erratic trading days highlight the need for cautious evaluation.

Given the construction sector’s sensitivity to economic cycles and government infrastructure policies, monitoring sectoral developments will be crucial for assessing NHIT’s future trajectory. Additionally, the rising delivery volumes indicate growing investor participation, which may influence price stability and trend direction in the near term.

Overall, National Highways Infra Trust presents a complex picture of steady institutional interest and liquidity juxtaposed with short-term price consolidation. Investors should weigh these factors carefully when considering exposure to this small-cap infrastructure trust.

Only for Rs. 14,999 - Get Access to 2 Years + 6 Months of All Premium Features on MarketsMojo. As low as ₹500/month! Claim 83% OFF →