National Highways Infra Trust Ltd (NHIT) is a public infrastructure investment trust in India, focused on managing and operating national highways. Established to improve road infrastructure, NHIT takes care of the maintenance and toll collection of specific highway projects. The trust aims to provide stable returns to its investors through long-term, revenue-generating highway assets. NHIT Share Price on NSE as of 3 October 2024 is 131.50 INR. Here will provide you more details on NHIT Share Price Target 2024, 2025, 2026 to 2030.
National Highways Infra Trust Ltd: Market Overview
- Market Cap: ₹₹17,255Cr
- ROE: 1.78%
- P/E Ratio(TTM): 62.62
- EPS(TTM): ₹2.10
- P/B Ratio: 1.08
- Dividend Yield: 0.00%
- Industry P/E: 20.02
- Book Value: ₹121.82
- Debt to Equity: 0.82
- Face Value: ₹100
NHIT Competitors
Here are five competitors of National Highways Infra Trust Ltd along with their approximate market capitalizations (based on recent data):
- IRB Infrastructure Developers Ltd
- Market Capital: ₹17,000 crore
IRB is a prominent infrastructure development company focusing on road and highway projects, competing with National Highways Infra Trust.
- Market Capital: ₹17,000 crore
- L&T Infrastructure Development Projects Ltd (L&T IDPL)
- Market Capital: Not publicly listed, but it’s a subsidiary of Larsen & Toubro with a significant presence in infrastructure development, particularly in roads and highways.
- GMR Infrastructure Ltd
- Market Capital: ₹27,000 crore
GMR focuses on airports, energy, and highways, contributing to India’s infrastructure growth and competing in the road and highway sector.
- Market Capital: ₹27,000 crore
- Ashoka Buildcon Ltd
- Market Capital: ₹6,000 crore
Ashoka Buildcon specializes in engineering, procurement, and construction, with a focus on highways and infrastructure projects.
- Market Capital: ₹6,000 crore
- Dilip Buildcon Ltd
- Market Capital: ₹6,000 crore
Dilip Buildcon is involved in road construction and infrastructure development, making it a competitor in the road and highways sector.
- Market Capital: ₹6,000 crore
NHIT Share Price Recent Chart
NHIT Share Price Target Tomorrow 2024 To 2030
NHIT Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹155 |
2025 | ₹177 |
2026 | ₹190 |
2027 | ₹212 |
2028 | ₹230 |
2029 | ₹250 |
2030 | ₹270 |
NHIT Share Price Target 2025
NHIT share price target 2025 Expected target could be ₹177. Three key factors that could affect NHIT (National Highways Infra Trust) share price target growth for 2025 are:
- Expansion of Highway Assets: NHIT’s growth depends on acquiring and operating additional national highway projects. If the trust successfully expands its portfolio, it can generate higher toll revenue, contributing to share price growth.
- Government Infrastructure Policies: Favorable government policies and increased infrastructure spending, especially in road development, can directly benefit NHIT’s business model and positively impact its share price.
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Toll Revenue and Traffic Volume: The share price is influenced by toll collection performance. Higher traffic volume on NHIT-managed highways will boost toll revenues, supporting share price growth in 2025.
NHIT Share Price Target 2030
NHIT share price target 2030 Expected target could be ₹270. Three key factors that could affect NHIT (National Highways Infra Trust) share price target growth for 2030 are:
- Long-Term Infrastructure Development: NHIT’s ability to secure long-term contracts for new highways and manage large-scale road infrastructure projects will be crucial. Continued expansion of its asset base can drive revenue growth and influence its share price positively by 2030.
- Technological Advancements: Adoption of smart toll collection systems, digital infrastructure, and efficient traffic management could increase operational efficiency and reduce costs, improving profitability and share price in the long run.
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Economic Growth and Vehicle Traffic: Over the next decade, economic growth and rising vehicle ownership could lead to increased traffic on national highways, boosting toll revenues and supporting NHIT’s share price growth trajectory by 2030.
National Highways Infra Trust Ltd Shareholding Pattern
- Promoter: 15.48%
- Retail and Others: 68.64%
- Mutual Funds: 10.21%
- Other Domestic Institutions: 5.67%
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