abrdn New India Investment Trust (LON:ANII) Shares Up 0.3% – Here’s Why

abrdn New India Investment Trust (LON:ANIIGet Free Report) rose 0.3% during trading on Monday . The stock traded as high as GBX 760 ($9.86) and last traded at GBX 760 ($9.86). Approximately 33,303 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 74,547 shares. The stock had previously closed at GBX 758 ($9.83).

abrdn New India Investment Trust Trading Up 0.3 %

The firm has a market cap of £387.45 million, a P/E ratio of 449.70 and a beta of 0.46. The company has a 50 day moving average of GBX 792.01 and a 200 day moving average of GBX 782.64. The company has a debt-to-equity ratio of 6.08, a quick ratio of 0.22 and a current ratio of 0.31.

abrdn New India Investment Trust Company Profile

(Get Free Report)

Aberdeen New India Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

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