Noida Toll Bridge Company Hits 52-Week Low Amid Persistent Downward Trend

Jan 16 2025 11:45 AM IST
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Noida Toll Bridge Company has hit a new 52-week low, experiencing a 19-day consecutive decline and a significant drop in returns. The stock is trading below multiple moving averages and has seen a year-over-year performance decline, contrasting sharply with the positive returns of the Sensex.
Noida Toll Bridge Company has reached a new 52-week low of Rs. 7.41, marking a significant downturn as it has fallen consecutively for 19 days, resulting in a 61.92% decrease in returns during this period. The stock has underperformed its sector by 6.33% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Over the past year, the company's performance has declined by 37.73%, in stark contrast to the Sensex, which has recorded a positive return of 5.31%. These metrics highlight the challenges faced by Noida Toll Bridge Company in the current market environment.
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