National Highways Infra Trust Stock Reaches 52-Week High, Outperforms Sector

National Highways Infra Trust (NHIT) has reached a new milestone as its stock price touched a 52-week high on March 20, 2024. The midcap company, which operates in the miscellaneous industry, has been performing well in the stock market recently.

According to MarketsMOJO, a leading stock market analysis platform, the current recommendation for NHIT stock is 'Hold'. The stock has been gaining for the last two days and has risen by 6.33% in this period. It has also outperformed the sector by 0.48% today.

The stock opened at Rs.126 and has since traded at this price, indicating a consistent performance. However, it is worth noting that the stock did not trade for four days out of the last 20 days, which may have affected its overall performance.

National Highways Infra Trust is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. Its 1-year performance is 8.53%, while the Sensex has performed at 25.32% in the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. As a midcap company in the miscellaneous industry, National Highways Infra Trust has shown promising growth in the stock market and continues to be a company to watch out for.