Noida Toll shares jump 10% on DND toll hike

Shares in the Noida Toll Bridge Company surged as much as 10 per cent on Monday after the company hiked toll rates for the DND Flyway that connects the Noida suburb to Delhi.

The toll for cars has been increased to Rs 25 from Rs 22, up by 13 per cent, while two-wheelers will have to shell out Rs 12 instead of Rs 11, a hike of 9 per cent.

Shares in Noida Toll traded 6.5 per cent higher at Rs 21.25 as of 09.52 a.m. after touching an intraday high of Rs 22.05 in early trade.