Noida Toll Bridge has gained 4% to Rs 24.55 after raising toll price on the Delhi Noida Direct Flyway by 10%.
According to the new tarriffs, from November 1 midnight, a car will have to pay Rs 22 instead of the current Rs 20. The toll bridge company has made some arrangements to avoid chaos once the new rates are implemented.
The stock opened at Rs 24.50 and surged to a high of Rs 24.90 - up nearly 6% from the previous close. Around 84,000 shares have been traded so far, as against the two week average of 58,000 shares on the BSE.