yes it will move up in the next 2 to 3 weeks. all the real estate stocks have started moving around. just wait for 50-52 in near term. its time for noida toll to return goodies to its shareholders as the stock has consolidated very well. but if correction grips the market, then it can go down to its trading range support of 35. thats a bit of a worry. otherwise the counter is ripe for a rerating. its a multibagger share. could touch 85 in 6 months time frame also.
hi kk124, definitely yes is my answer. even i bought noida toll 1000 shares @ 42 :) same pinch :) well its a very good stock, hold it. 17th AGM, look out for the announcements, then the stock should do well from current levels. for the past 3 months or so many stocks including noida toll have not moved at all. i had CD IPO shares @ 10. then it did not perform for years, then sold it off @ 8 and then again when the momentum started in the counter i bought @ 21 and exited @ 26. again @ 30 and exited @ 40. so made good money in this counter. this stock is close to my heart. have patience and don`t bother about the markets. this is a solid stock. will do well, rerating is imminent in the short term. 38 is the support, 52 is the target.